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Tag Archives: marriage

Should You Side Hustle with Your Spouse?

Should You Side Hustle with Your Spouse?

Living on one income is harder than ever these days and many couples still struggle to make it when both spouses work. As a result, many people are taking on a second job or side hustle to make ends meet. Having a side hustle has many benefits. It can help you pay off debt, invest for the future, and supplement your monthly income. Of course, if you have a side hustle of your own, you already know that. But what happens when your spouse wants to side hustle too? Should they start their own or should you side hustle with your spouse? Here are a few things to consider before you decide to side hustle with your spouse or partner. Making Decisions A struggle you could face if you side hustle with your spouse is determining who is in charge. Even if you decide to side hustle as an equal partnership, someone has to ultimately be in charge. Determine this before you begin your side hustle to avoid future knock-down, drag out fights. You must also decide what kind of work you will do and where you will do it. How many hours per week will each of you work? ...

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What to do if Your Partner is Financially Irresponsible

What to do if Your Partner is Financially Irresponsible

It’s been said that money is the root of all evil. I don’t know if that’s true or not, but it does seem to cause a lot of tension between partners in a relationship. In fact, money has stayed at the top of the list as one of the things couples fight over most. Sometimes arguments arise over a lack of money. Other times it is due to one person’s mishandling of money. But, what can you do if your partner is financially irresponsible? 1. Talk About It Something that should be discussed early on in any couple’s relationship is how they each value and handle money. Conversations about money may not be romantic, but they can save a lot of grief later and possibly even divorce. Each person in the relationship should openly talk about their financial goals as well as how they have handled money in the past. Does either partner have debt hanging over their head? If so, is it a large amount that could be paid off before making the relationship permanent? But what if your relationship is already permanent before the money talk? If that is the case, each of you still needs to confess ...

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