Love Me, Love my Money Habits (14-Feb-10)

It's true. Money can affect a relationship when the issue of bread and butter comes into the picture. We cannot live purely on love as illustrated in TV drama. Disagreements and conflicts on money issues rank high among couples, along with in-laws and work stress.

And of coz, it is better to argue about having too much money to spend, rather than quarrel on where to find money to put food on the table. Imagine one day, one of your spouse loses his/her job, or when an unexpected hospital bill pops in, all without your preparation, I am quite sure life will never be the same. The article highlights the myth of financial issues that you should not be ignorant of.

Long term financial planning helps you in this area but helping you to prepare for unexpected crisis in terms of potential high hospital bill, or loss of income due to death, disability, or even critical illness. As for unemployment, and retrenchment, this is something you have to keep yourself economical valuable.