Step-Money: Pots of Money
| I know you don't have pots of money but you do have a bank account and a budget. Couples in first marriages generally have one pot of money. But couples in stepfamilies have a variety of money systems. They might have one joint account. Or they might have two that represents the assets and obligations of each partner. Other couples have three pots: a his, hers, and ours. What matters is you agree to the system and you base it on God's values about spending, saving, and providing for your kids.
Show Notes
About the Host
About the Guest
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| I know you don't have pots of money but you do have a bank account and a budget. Couples in first marriages generally have one pot of money. But couples in stepfamilies have a variety of money systems. They might have one joint account. Or they might have two that represents the assets and obligations of each partner. Other couples have three pots: a his, hers, and ours. What matters is you agree to the system and you base it on God's values about spending, saving, and providing for your kids.
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Ron Deal
Ron L. Deal is one of the most widely read and viewed experts on blended families in the country. He is Director of FamilyLife Blended® for FamilyLife®, founder of Smart Stepfamilies™, and the author and Consulting Editor of the Smart Stepfamily Series of books including the bestselling Building Love Together in Blended Families: The 5 Love Languages® and Becoming Stepfamily Smart (with Dr. Gary Chapman), The Smart Stepfamily: 7 Steps to a Healthy Family, and Preparing to Blend. Ron is a licensed marriage and family therapist, popular conference speaker, and host of the FamilyLife Blended podcast. He and his wife, Nan, have three sons and live in Little Rock, Arkansas. Learn more at FamilyLife.com/blended.
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How many pots of money do you have?
