getting ahead with different spending styles [Video]

Nicole Stimpson, a nutritionist and massage therapist, and Alex Mullins, a builder, from Tweed Heads, New South Wales, have bought their first home together – and it’s beautiful. The repayments are getting tricky, though, and the situation is not helped by their very different approaches to managing finances. But Nicole and Alex have found that while their money mindsets can create friction, there can be a silver lining, too.

They have vastly different incomes and spending styles

Alex owns a building company and is used to having cash flow freely, while Nicole has been on a student budget struggling to make ends meet. Whether it’s their money personalities or circumstance driving behaviour, the couple admit to approaching spending and saving in completely different ways. “It takes me a lot longer to say ‘Yes, I’m going to buy that’,” says Nicole. “I’ll be looking at something for months and then I’ll be ready.” On the flipside, Alex recalls registering …