Of Marriage and Money: 3 Financial Problems that Wreck the Relationship

MoneyAll couples go through tough times every now and then. It’s perfectly normal to argue about something from time to time, because what matters is how you solve them. In some cases, however, the problems put a strain on the couple’s relationship, especially when the issues are financial. Once this happens to you, what follows seems like an endless bout of frustration and disappointment.

Nonetheless, you shouldn’t let these financial problems ruin the marriage. It is possible to overcome these problems, line consulting marriage therapists in Denver. And the path towards solving these problems lies in learning about them. Here are some common money problems that can ruin a marriage:

Debt

Once you tie the knot, you share each other’s financial baggage. This includes student loans, credit card charges, gambling habits, and everything else in between. When a spouse starts making mistakes in incurring debt than what the relationship can handle, it may be the start of a long argument.

To avoid this, your best bet is to be clear with how much you owe to whom. If possible, enter the marriage debt-free. As long as you’re both aware of your financial situation as a couple, it’s easier to plan how to move past the debt hole.

Power Play

The most common situation that causes a power play problem is when one spouse works and the other doesn’t. Often, this leads to a mentality that the deciding power goes to the person who has the money or earning capability – this, however, is a mistake. A couple has to talk to each other and work as a team, without having to resort to a situation where one’s earning capacity bears weight on all decisions.

Separate/Joint Finances

There are many problems that stem from keeping the finances joint or separate. Both are viable options – what matters is what the couple agrees on regarding the setup. Regardless of the couple’s choice, both parties should have a set of boundaries and responsibilities to keep the setup effective.

“For richer, for poorer,” so you swore on the day of your marriage. When there are money issues in a marriage, bailing out should be the last thing you think about. Instead, consider the issue as an opportunity to prove the vows you uttered. And from then on, exhaust all means to solidify the lifelong commitment you willingly and excitedly agreed on.

Posted on by Linda Knight in Digi-Serve

About Linda Knight

Linda is a professor of political science courses. She wrote a book on economics and politics when she was taking her master's degree. She also loves to read the works of famous authors like George Orwell and uses them as inspiration. Linda currently lives with her family in Pennsylvania.

Comments are closed.