Patton Financial Advising: How Savers and Spenders Can Meet in the Middle

EYT Media


Published March 21, 2024 12:27 am
Last Updated: March 20, 2024 7:16 pm
Patton Financial Advising: How Savers and Spenders Can Meet in the Middle

CLARION, Pa. (EYT) – Patton Financial Advising submitted the following article: How Savers and Spenders Can Meet in the Middle.

Couples who have opposite philosophies regarding saving and spending often have trouble finding common ground, and money arguments frequently erupt. But you can learn to work with — and even appreciate — your financial differences.

Money habits run deep

If you’re a saver, you prioritize having money in the bank and investing in your future. You probably hate credit card debt and spend money cautiously. Your spender spouse may seem impulsive, prompting you to think, “Don’t you care about our future?” But you may come across as controlling or miserly to your spouse who thinks, “Just for once, can’t you loosen up? We need some things!”

Such different outlooks can lead to mistrust and resentment. But are your characterizations fair? Money habits run deep, and have a lot to do with how you were raised and your personal experience. Instead of assigning blame, focus on finding out how each partner’s financial outlook evolved.

Saving and spending actually go hand in hand. Whether you’re saving for a vacation, a car, college, or retirement, your money will eventually be spent on something. You just need to decide together how and when to spend it.

Read The Full Article Here: How Savers and Spenders Can Meet in the Middle

Patton Financial Advising
51 N. 4th Avenue
Clarion, PA 16214
Toll-free 1-877-547-2751


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