ED­I­TOR’S NOTE

Young Parents (Singapore) - - Contents - Stephanie Yeo Ed­i­tor

When was the last time you and your spouse fought about money? Stud­ies have shown that such ar­gu­ments are the most fre­quent sources of cou­ples’ dis­agree­ments, says the Amer­i­can Pyscho­log­i­cal As­so­ci­a­tion.

One study has even shown that cou­ples’ ar­gu­ments about money tend to be more in­tense and prob­lem­atic and – worse still – more likely to re­main un­re­solved.

That’s why in this Money Is­sue, we asked the ex­perts for ad­vice on all the fac­tors you should con­sider be­fore you take on that big fi­nan­cial com­mit­ment, be it hav­ing another child, quit­ting your job to be a stay-at-home par­ent, or up­grad­ing to a big­ger home. Turn to page 40 for their ad­vice.

We also delve into the topic of money habits for kids. What hap­pens when a par­ent’s well-mean­ing de­ci­sions cause her son to spi­ral into debt – at the ten­der age of seven? This hi­lar­i­ous ac­count by a mummy (page 46) has a sober­ing mes­sage be­hind it that I hope you can use in your life, too.

Don’t forget to take a look at our staycay fea­ture this month, where we re­view a themed fam­ily suite that costs $1,400 a night, be­fore taxes. Is it re­ally worth the splurge? Our ver­dict is on page 70.

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