You're a saver, but your spouse is a big spender: How can you manage your finances without killing each other?
Here are some tips on how to compromise with a spouse or partner who is more inclined to spend the big bucks.
Review your budget
Carve out an hour or two to review your budget. You'll need to prep for this meeting: Keep a stack of all your bills (including mortgage, utilities, insurance premiums and credit card statements) so that you can see how much you and your partner spend every month.
Don't forget to include the concept of "paying yourself" as one of your most important bills. You should pay into your retirement accounts and your emergency fund with the same level of urgency you use to pay any other bill.
Once you complete this step, you'll have a better idea of how much money is left in your budget for "fun" expenses like clothing, restaurants and other discretionary items.
Decide on a limit
Pick a limited amount of money that each person can spend for his or her own amusement. For example, you might decide that each partner can spend $100 or $200 per month on anything that suits his or her fancy: Starbucks lattes, pedicures, restaurant meals.
If one partner wants to buy something "big" like a motorcycle, he or she can save for that purchase from accumulated "fun" money.
Yes, it's a bit similar to having an allowance as a kid -- but that's fundamentally the nature of budgeting. We have limited funds and need to decide how we're going to spend our finite dollars.
As kids, we don't have access to credit to get us into trouble. As adults, we shouldn't resort to debt to pay for our discretionary purchases, either.
Earmark some 'us' money
Create some space in your budget to enjoy shared joint expenses -- like "date money" or "vacation money" -- with your spouse.
You might decide to set aside $75 per month to dine at a posh restaurant together, or to place $100 per month into a vacation fund. This will help you and your spouse share in the expenses of something that you'll both enjoy -- each other's company.
Paula Pant helps people ditch the cubicle and live on their own terms. She's traveled to 30 countries, owns six rental property units and hasn't had an employer since 2008. Her blog, Afford Anything, is the gathering point for a tribe that refuses to say, "I can't afford it." Follow Paula on Twitter: @AffordAnything.