We Are Not Going to Be A Smart Couple Finishing Rich
My fiancee and I have officially put on hold our reading of Smart Couples Finish Rich. Its disappointing - I had such high hopes that this endeavor was going to put us on the right track as we started off our marriage and our journey to financial freedom.
I hoped this book would flush out our differences in money management, financial goals, priorities, etc, but I don't think we are ready for it -- we need to get a little further in co-mingling our funds and ourselves a bit and get through some of the other changes so we can make this a priority.
To my fiancee this book was so boring I had to take her to Starbucks, buy her a frappuccino, and read the book to her to get anywhere. Kind of ironic when you think of David Bach and the "latte factor".
However, there were some small benefits we got out of this exercise. I think we both have a better understanding of where we are coming from financially.
One thing that was made evident to me is that my fiancee strongly values financial security where as I am focused on financial independence. Another was that we think totally different about money. While we both spend less than we earn, we handle the money thats left very differently.
At times I have a one track mind focused on saving and investing. My fiancee however, saves a much smaller percentage and likes to purchase things that make her feel comfortable. Ultimately we both need to moderate a bit for this to be a successful financial union.
Once we get through the wedding and settle down in the China assignment, I think we will be able to make this a priority.
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