Your Views On Life = Your Views On Money

Dec 3, 2021 | Florida Prenuptial Agreements, Relationships, Second Marriages

Did you know that your spending and financial habits closely mirror your views on life? You may believe that your views on money have no direct correlation to other aspects of your life, but maybe you aren’t looking closely enough. Your views on money likely run parallel to how you approach life. This becomes increasingly evident when you have a partner with vastly different views. Before getting engaged, it is important to take some time to analyze your soon-to-be spouse’s view on money, and how those life views play into your relationship dynamic.

Reckless Ron

The Reckless Spender is as wild as you would imagine- think impulse shopping, constant living outside their means, racking up credit card debt, and completely disregarding any budgets. YOLO, right? Umm, maybe. But if that reckless spending is putting your financial security at risk, and let’s be real here, it probably is, that life view can quickly backfire. At the end of the day, if you end up deeply in debt or find yourself with the constant need to live paycheck to paycheck, you won’t feel so free spirited after all.

Flexible Fred

Flexibility is a good thing when it comes to approaching life in general — and money! Flexible Fred is the money personality that is able to roll with the punches and pivot as needed. Why is this such a good thing? When you’re flexible about finances, it typically means that you have your priorities in line, while still allowing yourself to enjoy travel, shopping, and spontaneous meals out when you want to. When you or your partner has a flexible view on life and money, it can be easy to adapt your behavior to what is in your best interest.

Conservative Chrissy

If you, Conservative Chrissy are a tightwad, you’re probably more uptight in general. Don’t take that too personally of course-  there are a lot of positives to being disciplined. Focusing on saving money, living within your means, investing strategically, and creating a secure life is going to give you great opportunity and many options later on. However, life can get a little boring at times. If either you or your partner are a Conservative Chrissy, you might tease each other for being a snooze fest every now and then. Having a conservative outlook on money and life definitely has its pros in the long run, just be sure not to miss out on too much of life in the process.

Related read: Want to know how to bring up a prenup without upsetting your partner? We have thoughts. Read about our prenup clauses here. 

Is there an ideal approach to money?

Just like most things in life, the answer isn’t black and white. Although having polarized views on money is definitely not ideal in a marriage, it’s not the end of the world. A prenup, for example, is a great way to protect yourself if you’re conservative and a dedicated saver, meanwhile your partner throws money everywhere, acting recklessly.  However, having a partner who lives on the edge can be fun once in a while, prompting you to live a little looser every once in a while. Just make sure you feel secure- this is paramount when it comes to finances.

While it’s easy to say that the best outcome is for both you and your partner to have the same views on money, that’s not always true. Balance is important. If you both spend recklessly, you could find yourself in constant financial pickles. Meanwhile, if you’re both super conservative about life and spending, you can miss out on some pretty special life experiences. As usual, the beauty is often in grey — particularly when you’re communicating about finances every step of the way.

Related read: Want to know what are the predictors of a happy marriage?

You are writing your life story. Get on the same page with a prenup. For love that lasts a lifetime, preparation is key. Safeguard your shared tomorrows, starting today.
All content provided on this blog is for informational purposes only. HelloPrenup, Inc. (“HelloPrenup”) makes no representations as to the accuracy or completeness of any information on this site. HelloPrenup will not be liable for any errors or omissions in this information nor for the availability of this information. These terms and conditions of use are subject to change at any time and without notice. HelloPrenup provides a platform for contract related self-help. The information provided by HelloPrenup along with the content on our website related to legal matters (“Information”) is provided for your private use and does not constitute legal advice. We do not review any information you provide us for legal accuracy or sufficiency, draw legal conclusions, provide opinions about your selection of forms, or apply the law to the facts of your situation. If you need legal advice for a specific problem, you should consult with a licensed attorney. Neither HelloPrenup nor any information provided by Hello Prenup is a substitute for legal advice from a qualified attorney licensed to practice in an appropriate jurisdiction.

0 Comments

Recent Posts

Will A Prenup Hold Up In Court?

A prenuptial agreement, often referred to as a prenup, is a legal contract signed by couples before marriage that outlines many different topics, such as how assets will be divided in the event of divorce or death and alimony. With the rise in popularity of prenups,...

Prenup vs. Postnup

Alright, folks, it's time to tackle one of the burning questions we get asked a lot here at HelloPrenup. Cue the drumroll... What's the difference between prenuptial agreements, a.k.a. "prenups," versus postnuptial agreements, a.k.a. "postnups"? Well, they're pretty...

Does Patrick Mahomes Have A Prenup?

Patrick Mahomes signed the biggest NFL contract in history in 2020–a whopping $450 million over 10 years. With his recent marriage to Brittany Matthews (now Brittany Mahomes), it’s understandable why there’s been so much interest in their prenup and whether or not...

Does J.Lo Have A Prenup?

Hold onto your hats, folks, because the hottest topic in Hollywood right now is none other than the rekindled romance between Jennifer Lopez and Ben Affleck. But amidst the whirlwind of their highly-publicized love affair, there's one question burning brighter than...

Ready to join the thousands of couples completing their prenup?