Great Book For Couples That Will Help Give A Solid Financial Foundationby Peter Anderson
I got a copy of this book a week or two ago, and thoroughly enjoyed it. It covers a topic that far too few delve into – talking about money before, and during marriage. Money troubles are one of the leading causes of divorce, so I think people would be well served by heeding the advice covered in this book.
The book goes in depth talking about money and marriage, discussing all of the things that young couples and those who have been married for years should know, and talk about, when it comes to money. Some of the things you’ll find:
– How we come to our views of money: How we’ve been influenced by family, by culture, by our experiences and how that can skew our thinking about money.
– How our individual personalities can affect how we view, spend and interact with money and our spouse.
– It talks about the importance of having goals, and a financial plan together as a couple.
– It goes over budgeting and creating a cash flow plan, and includes links to the author’s website where you can download updated versions of budget spreadsheets.
– The book is meant to be read along with your spouse, and at the end of each chapter there are action points, and several questions to talk about together. I’ve found it’s very helpful for getting the discussion going.
– Discussions of debt, how to avoid it, how to get rid of it, and how to manage your credit.
– Examines other key issues including housing, planning ahead for a rainy day, spending smart and getting organized.
There is a lot more in the book that I can’t cover here, but it really is a great book to pickup, especially if you’re having money troubles, are soon to be married, or if you’re an old married couple and you want a refresher course on budgeting and setting up a cash flow plan.
Money and marriage can be a minefield, but this book will help you to identify and defuse any potential landmines, before it’s too late.
p.s. Some here have complained that the book comes from a Christian viewpoint, or that the author quotes scripture in the book. I didn’t find that to be a problem as the book isn’t preachy, and the verses that were included were common sense bible verses that are applicable to anyone both Christians and non-Christians alike. Also, you would think the fact that the book is categorized in the Christian Living > Stewardship and Personal Finance > Money & Values sections may have been a clue that the author has a Christian viewpoint. In any event, it doesn’t detract from the sound financial advice included in the book, and I don’t think it should keep anyone from buying.original review