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Anonymous

06 Dec 2019

SeedlyAMA

What are some differences in financial values between you and your partner/family? How were these differences resolved, if they were?

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Pang Zhe Liang

06 Dec 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Spending money on something of value. This could be anything big or small, e.g. detergent brand to TV size.

Different people use different measurements for value. As a result, there are often friction associated with purchases. To resolve this, the best way is to switch position, i.e. understanding the situation from the other party's perspective.

Have an open conversation to see how things can be meet mid-way.

Here is everything about me and what I do best.

I think in terms of financial values, one might be more financially-savvy, i.e. like to find ways to save costs etc as compared to their other half.

So for myself, I guess I'm more interested in finance stuff and how to game it in our favor, so I'll share some of the tips with my wife so that she's aligned. Somehow as a couple, slowly but surely, the two will be aligned, it's just a matter of who's a stronger influencer in that regard. E.g. I top up my CPF with cash, and encourage my wife to transfer her monies from OA to SA which she did.

I saw that with my parents, and now also between my and my parents.

Between my parents, one likes to spend on the finer things in life, and the other prefers to live life simply and more affordably. Both do not save. These differences are not resolved, which is why I grew up mainly listening to arguments in the house mainly revolving money (or the lack of).

Because my parents have very limited savings (and CPF), I have become an aggressive saver to compensate for that. This is how I resolved it, in my case!​​​

HC Tang

16 Sep 2018

Financial Enthusiast, Budgeting at The Society

I think nothing speaks more than truth / facts.

Sharing useful articles from seedly or financial blogger would share and educate others more.

With sharing, patiences guidance, it will take time to change but ultimately 2 stream may align somehow someway. Slowly but surely.

Jay Liu

15 Sep 2018

Accounting and Finance at ACCA

When I wanted to start investing, my dad told me not to. Investing is only for the rich. But still I...

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