Money and Love: how to make it work

Are you and your partner financially compatible? A marriage between a saver and a spender comes with its problems, but nothing true love can’t overcome – right? According to the Australian Institute of Family Studies (AIFS), household finances are among the main reasons couples argue. When Anna met Tony they planned a life together. They rented an apartment and Anna cashed in her $35,000 investment portfolio to fund their wedding and honeymoon. Savings-focused Anna was now keen to save for a house. Conversely, Tony loved spending and was content to continue renting. Despite their differences, they opened a joint savings account, and using MoneySmart’s compound interest calculator, Anna worke

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