Pay Together, Stay Together

- Hi, I'm Jean Chatzky, and this is your Savvy Money Minute.

- [Narrator] Brought to you by Credit Union of Southern California.

- A recent study confirmed what many of us know: money issues can tear a couple apart. In fact, couples who disagreed about finance once a week were more than 30% more likely to get divorced than those who disagreed a couple of times a month. One solution: common goals. Our long-married friends, Dave and Laurie, talk about their goals together, and this is key: they talk in terms of pictures. One reason: pictures are more romantic than numbers. Also, they're not as abstract, and they always put their goals into short, medium, and long-term categories. Two: you, too, need a game plan. Start by budgeting your joint income to cover bills, and then put aside at least 10% for your mutual goals. Three: online payments from a joint account really helps you track your expenses. Finally: autonomy. Great couples aren't just good together; they're good alone. Give each other financial freedom: money set aside for each partner to do what they want. That's not just love; that's respect. I'm Jean Chatzky for your Savvy Money Minute.

Building Better Lives

Credit Union of Southern California (CU SoCal) is a leading financial institution empowering those who live, work, worship, or attend school in Orange County, Los Angeles County, Riverside County, and San Bernardino County to reach their goals and build strong financial futures. CU SoCal provides access to convenient money management services and offers competitive rates and flexible terms on auto loans, mortgages, and VISA credit cards—turning wishing and waiting into achieving and doing.

 

562.698.8326 | 866 CU SoCal Se Habla Español

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