My wife and I have had some incredible financial wins during our marriage. We eliminated $48,032 of debt, paid off our $195,000 mortgage and increased our net worth by $800,000 all in the last 9 years. And the one tradition that has been constant throughout the entire process has been our Budget Party.
The Budget Party is a monthly get-together meant to set aside time for me and my wife to have important conversations about our financial future together. We review how we used our money from the previous month, what we want to do with our cash this month and how we’re tracking on our overall financial goals.
Outside of the obvious financial benefits of this activity, these meetings are great for our marriage. We discuss what’s important to us, how we’re going to get there together and how we see our relationship growing over the years to come. With two small children in the house, time for discussion is limited. The Budget Party gives us a little break and helps me feel closer to my wife.
If all this financial growth and marital relationship building stuff sounds interesting to you, I’ve compiled 10 easy steps for you to build your own Budget Party. This way, you can create your own monthly meeting and strengthen your family tree for years to come.Continue reading “How to Throw a Budget Party with Your Spouse”