If you earn more than your husband, you’re more likely to be the primary decision-maker on money matters and take charge of things like paying bills, budgeting, saving, and planning for retirement. That’s all according to my academic survey of over 1,000 women conducted with Dr. Brad Klontz, a financial psychologist.
While that is something to be proud of, such an arrangement could be asking for trouble. After all, a sense of equity between two committed people is important, even if there’s an income disparity.
I can relate to this in my own relationship. When my husband Tim and I first got engaged and began planning our wedding, I was definitely the one who took the reins. Admittedly, I wasn’t the best at delegating but, at the same time, he felt a tad awkward offering suggestions and providing input.[Continue Reading...]