About Melissa Batai
If you have a narcissist in your life, you know they can be difficult. Narcissists think of themselves as superior, love attention, and may appear overly confident. However, much of their behavior is rooted in low self-esteem. Being in a relationship with a narcissist is exhausting emotionally. But beyond the emotional impact, narcissists’ toxic money habits often cause their spouses to suffer.
Gone are the days when the only investment advice you could find was in a book. Now, you can search social media and YouTube for finance experts. If you want to learn more about money management, investing, and money in general, look to these four personal finance influencers that couples should follow.
My husband and I plan to travel internationally in a few months, so we’re trying to spend as little as possible this summer. Then, we can use all the money we usually spend on recreation during the summer months on our upcoming vacation. We thought we might face a boring summer, but we’ve found many free summer activities for couples! Here are the ones we’ve already enjoyed and plan to do over the next few months.
Since Neil Armstrong took his first step on the moon, space missions have fascinated people. That fascination has grown, and now, thanks to technology and investors with deep pockets, ordinary people who aren’t trained astronauts can go into space. If you think we’re still in the early stages of space travel, you’re probably right, which makes investing in space tourism potentially lucrative for the savvy money manager.
My husband and I have combined finances, and I’m the budgeter/bill-payer in the family. Recently, we sat down for our budget meeting, and he asked why I don’t put bills on autopay. He said if something happened to me and he had to manage the finances, he would use autopay to avoid missing payments. I respect that and know many people love autopay and use it extensively. However, there are several reasons why I don’t use it frequently.
When trying to save money as a single person, you may feel deprived, especially if you opt out of going to expensive restaurants and bars your friends frequent. However, if you’re part of a couple, saving can be more inspiring because you’re working together to creatively avoid deprivation while meeting your goals. So, if you and your partner are up for the challenge, try these creative ways to save money as a couple.
I’m the budgeting nerd in our family, but finding a budgeting system that works for us took several years. I had to start the budget over more times than I can count, especially when I was new to budgeting and managing our money strategically. However, the important thing is that I never gave up. We’ve been using You Need a Budget (YNAB) for years, and I haven’t had to start the budget over in at least five years. It can be done if you persist.
In the investment world, when a commodity is limited, you can potentially invest and make money, especially as the items become scarcer. Of course, this applies to things like precious metals, but given our increasing global warming and the migration of people to the desert Southwest of the United States, it also applies to water. So, if you’re looking for the next hot commodity, you may want to invest in water rights.
Every few years, I’m reminded that sometimes being frugal costs money. You’d think I would learn my lesson eventually, but no, I keep realizing this over and over again.
Few credit card issuers offer joint credit cards. If you want to share a credit card with your spouse, one of you will need to be the primary account holder, and the other will be an authorized user. If you pool your money together and both manage money responsibly, doing this will not be an issue. However, if you have separate finances or are not equally financially responsible, you’ll want to understand the ramifications of adding your spouse to your credit card account.
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