Often men will prefer to consolidate, while women prefer keeping money separate. Bills shouldn't be split evenly, but rather based on the ability of each person to cover them. When a family includes children, getting them involved also can be a good idea. Older children, especially, need to learn the responsibility and consequences associated with money, and their input can make some situations easier. One of the biggest stressors on family life, Hayhoe said, is running out of money or not saving enough.
Many people rack up debt because offers can be so enticing.
But when you add up all the payments, you're in trouble. And when you save for emergencies or that anniversary cruise, don't touch it until it's time. We can all live on less. By genuinely talking through financial matters, couple and families can avoid misery and disaster, Hayhoe said. In the meantime, they probably will find another bonus.