How to Save Money when your Partner is a Big Spender

Dealing with a Spender Spouse

Dealing with a spouse who spends a lot of money can be tough. Financial issues are one of the major reasons that couples fight. Here are a few tips.

How to Save Money when your Partner is a Big Spender

Having a spender in the family brings financial stress to everyone. It can be very difficult to budget properly or save any money when one spouse is a big spender. But that’s not the only downside to having a spender as a partner.

One of the main reasons for divorce or separation is financial unhappiness and financial stress within the family.

Financial issues are also one of the main things that couples fight about. However, having a partner who is a spender doesn’t mean that your relationship is doomed. Here are a few tips for living with a spender. Spender

First of all, it’s important to remember that we all have different ideas when it comes to saving and spending.

Just because your spouse or partner spends more money than you do, that doesn’t necessarily mean that he or she is overspending.

However, if you’re not able to save any money for emergencies or retirement or if your partner’s spending is putting you into debt, you’ll need to do something.

You’ll also need to speak to your partner if his or her spending is upsetting you. Suffering in silence is a bad idea.

One of the first things that you can do is sit down with your partner and discuss your financial situation. Let him or her know what your financial goals are.

For example, if you want to put a certain amount of money aside every month for retirement or if you are saving up for a vacation, remind your partner of that goal.

The two of you can then work out ways to make changes so that you can meet the goal.

If you’re in debt, work out a plan for how you will pay your debt down. In many cases, this will involve spending less money.

Then, If you’re going to spend less money, you’ll need to know which of your expenses are necessary and which are not.

List all of the things that you absolutely need to spend money on (rent, mortgage, car payments, debt repayment, work clothing, etc.) and then list all of your “wants” (entertainment, extra clothing, electronics, jewellery, etc.)

You can then come up with a plan to reduce spending on wants.

The best way to do this is to set a monthly budget and stick to it. You may need to spend some time working with your partner to determine what “wants” can be cut and which ones should remain in the budget.

Involving your partner in the budgeting process and the bill paying process can make him or her understand the consequences of overspending. Simply saying “Don’t buy this, we don’t have the money” can sound like an attack, especially if your partner isn’t aware of the details of your financial situation.

Once he or she becomes more involved in managing the family finances, it will be easier for him or her to see why certain purchases can’t be made.

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Why Getting a Car Title Loan is better than a Payday Loan

car title loansIf you are looking for fast cash, you may be tempted to get a payday loan. After all, you’ve likely seen these services advertised in the past and the general idea sounds like a good one. However, if you need money quickly, you may want to consider borrowing against your vehicle instead.

Why? There are a number of reasons.

Advantages of a Car Title Loan over a Payday Loan

One of the main reasons to avoid payday loans is that these loans cost you a very large amount of money.

For example, many payday loan companies charge around $20 to borrow $100 for a two-week period. This may not seem like much at first, but it adds up to over 500% interest over the course of a year.

As you can see, if you’re not able to pay one of these loans back quickly, you’re going to end up paying a very large amount of money. Sure, you’ll be able to get cash quickly, but it will certainly cost you.

 Watch Video: What’s the real costs of a Payday loan?

Another option for fast cash is a car title loan. A car title loan is a loan where you borrow against the value of your car. To get a car title loan, you need to own your car outright.

A car title loan is a secured loan, which means that you usually don’t need a credit check to get one. It also means that you’ll be able to get the cash you need quite quickly. In most cases, you’ll only need to wait a day or two before you receive the money from a car title loan.

A big advantage to a car title loan is that the interest rate that you will pay will be significantly lower than the interest charged on a payday loan.

The actual rate that you will be charged will depend on your particular situation and the lender that you are working with, but it will certainly be lower than the incredibly high rates that are charged on payday loans.

Car Title Loan Tips

If you are looking for a car title loan, it’s important that you work with a reputable company. Not only will a reputable company be easier to deal with, but it will also be more likely to offer you a lower interest rate.

You’ll also want to ensure that the company you are working with reports to the major credit bureaus. Getting a car title loan and paying it back on time can help you improve your credit rating. However, in order to do so, it’s very important that you don’t miss any payments.

Finally, you don’t have to worry about losing access to your car when you get a car title loan. As long as you make your payments, you can use your vehicle in the same manner that you always have. You don’t have to worry about changing your lifestyle just to get an affordable loan.

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