smart spending

Marrying for richer rather than poorer

Efficient management of financial resources
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Being accountable to another person can keep spending on the straight and narrow, particularly when working toward a mutual goal such as buying a house or financing an exotic vacation.

To keep household finances shipshape, budgets and goals should be reviewed often. In fact, running your household finances similar to a business may not be a bad idea.

"The business model of (evaluating earnings and expenses) at least four times a year would probably be good for most families. A marriage is not a business, but being businesslike is another matter. Aristotle in 'Politics' characterized the family not just as the basic political unit of society, but as the basic economic unit," Greaney says.

The U.S. government clearly agrees with that sentiment and gives married couples some breaks related to taxes and retirement.




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