If you are receiving unsolicited phone calls from an entity pretending to be ACCC (a trusted non-profit credit counseling agency), please be assured that ACCC’s policy is NEVER to contact you unless you’ve explicitly requested us to call you. Also be cautious of emails from an unusual or unfamiliar domain. ACCC’s domain extension is @consumercredit.com, and any emails using a different extension should be treated with suspicion.

×

ACCC’s Client Login allows current clients to access their program information, including the due date, program benefits, and other documents.

Select a Client Login below based on the service that you are currently enrolled in:

Debt Management Program

Client Login

Bankruptcy

Pre-Bankruptcy Client

Post-Bankruptcy Client

Not yet a client, but looking to get started?

ACCC offers debt relief options to individuals and families that are suffering from stress related to credit card debt by providing effective credit counseling, helping to consolidate debt, and advising on debt management.

Get Started

Wait!

You are now leaving the Consumer Credit website and are going to a website that is not operated by ACCC. We are not responsible for the content or availability of linked sites.

Are you sure you want to leave?

No, return me to the previous page.

Yes

Tips To Manage Money With Your Spouse

Managing finances as an individual is challenging. Marriage only multiplies the depth of the challenge that is money management. If you and your spouse are in line with how, when, and where you are spending your money, it can be easier to manage money with your spouse. However, if one of you have different financial behaviors, then the situation is more complicated. So, we thought knowing some tips to manage money with your spouse is crucial if debt management is your priority.

If you and your spouse need help managing debt, contact ACCC.

If you and your spouse need help managing debt, contact ACCC.

Tips To Manage Money With Your Spouse

Many couples, especially newlyweds or those newly co-habitating, struggle with making financial decisions and merging financial behaviors, the combining of bank accounts, or keeping finances separate. For these reasons, it is important to go over what accounts you have and how much debt you carry, and be clear on how you expect money to be handled.

To avoid disagreements and long-term disasters, here are four tips to manage money with your spouse.

Be a Team 

Arguments can arise from one spouse spending what the other considers to be too much money. Create a budget and plan out your finances together. Do the bills together, and review your net worth together. Make sure your spouse is involved and has a say in the financial decision-making process.

Establish an Emergency Fund

The most important thing you can do to keep your finances under control and work towards getting out of debt fast is to establish an emergency fund. When planning your budget, allocate a portion for emergencies, savings, and retirement. Nothing causes stress more than running out of money before all the bills are paid.

Hold Weekly Budget Review Meetings 

Both parties being involved in financial decision making is one of the most important tips to manage money with your spouse. If not, it’s very difficult for the other spouse to know the current financial state of the household. Lack of communication can make it harder to be in line with your credit card payoff plans. That’s why weekly (or bi-weekly) review meetings can really help open the lines of communication and set expectations!

Evaluate your Financial Goals

So you are done creating and reviewing your budget for a period of time and establishing your emergency fund. It’s now important to discuss both of your financial goals. These can include things such as starting a family, buying a new car, saving for a home or traveling. Defining your mutual goals with your partner will reiterate the importance of staying accountable.

If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today. 

ABOUT AUTHOR / Dilini

Dilini is a Marketing Communications & Programs Associate at ACCC. To anyone, managing finances can be a real challenge! Any tips and tricks to help get through this are great! Dilini will share her experiences, tips, and tricks along the way through the Talking Cents blog. Stay tuned!

View all author posts →

creditU

Say goodbye to the burden of debt

Struggling to manage your debt and improve your financial health is a thing of the past with the CreditU mobile app, an essential tool for anyone looking to manage their personal finances with ease.

CreditU Apple App Store CreditU Google Play
Dev Tool:

Request: blog/manage-money-with-your-spouse
Matched Rewrite Rule: blog/([^/]+)/?$
Matched Rewrite Query: post_type=post&name=manage-money-with-your-spouse
Loaded Template: single.php