How to Handle Money Effectively as a Blended Family
In 40% of all new marriages, at least one person was previously married. Blended families come with unique financial dynamics that arise from merging families with different financial values, spending habits and money philosophies.
Most likely the way you talk to your kids about money is probably different too. Even couples from similar financial backgrounds can have very different viewpoints on chores, allowances and savings plans. The money rules of one parent may not work for the other. Bridging these differences is critical to a healthy and successful marriage, and, ideally, it begins before you get married.
