
FamilyLife Blended® Minute
Step-Money: Landmine Mistakes to Avoid
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Stepfamilies have a few financial landmines: don't step on them.
Show Notes
About the Guest
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According to Patricia Estess, the first landmine is relying too heavily on a former spouse for child support. Being dependent makes you vulnerable. The second is skimping on the new family and spending on the old. Throwing money at your kids won't erase guilt or make up for lost time. Honor all your commitments equally. And third, don't have two different financial standards. Share your resources and treat everyone the same. When it comes to monetary landmines in stepfamilies, step around them.
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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 ...more
Stepfamilies have a few financial landmines: don’t step on them.