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WSJ Your Money Briefing

How Spending Limits Help Partners Avoid Money Conflicts

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 27 July 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Many couples hoping to stay within a budget impose spending limits for each other. Host J.R. Whalen is joined by WSJ personal-finance reporter Julia Carpenter and by a woman who set (and exceeded) a spending limit with her fiancé. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

At Barkley's we know money can be tricky to navigate.

0:03.4

We're here to help you find your way around it.

0:06.4

Barkley's life skills gives you the skills and knowledge to help you become more

0:10.0

confident with money. So whether it's learning to keep track of your spending

0:14.2

or interview tips to help you secure that new job, we've got you covered.

0:19.3

Join the 18 million we've helped so far.

0:22.4

Search Barkley's life skills. Barkley's make money work for you.

0:27.2

18 million life skills participants figure independently assured.

0:32.7

Here's your money briefing for Thursday July 27th.

0:35.6

I'm JR Wellen for the Wall Street Journal.

0:40.5

When couples combine their finances, their bank account is at the mercy of both

0:45.0

partner spending habits. So to protect their balances, some couples have

0:49.5

imposed spending limits. So the spending rules gives both people a no

0:54.0

questions asked threshold under which you're allowed to do your thing.

0:57.7

I'm allowed to do my thing. If it exceeds this, let's have a conversation.

1:01.6

We'll talk to our personal finance reporter, Julia Carpenter,

1:04.5

plus one woman who's set and broke a spending limit with her fiance.

1:08.8

That's after the break.

1:13.5

My Guy. Are you supporting women's football?

1:24.0

This summer is time to get to know the players and your taste buds.

1:27.8

Stats don't lie. If 70% of the UK prefers to taste the Pepsi Max,

1:32.4

you probably prefer Pepsi Max.

...

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