Money is a huge issue in most marriages. In fact, 90 percent of divorces today revolve around disputes over finances. There are a few factors that contribute to the problems.
- Couple who don’t talk about their money problems. Communication is the key to a great relationship- in every area of their lives. The burden of what bills to pay should be shared by both parties.
- This lead to one partner possibly using money as a way to gain control in the relationship. If they handle the money, they hold the power over what they do and where they go. Often, these people do that because they feel powerless in other parts of the relationship.
- How someone is raised has an impact on how they manage money as a grown up. The individual whose family had to pinch pennies is far more likely to be frugal in her, or his, adult life. This can cause coflict for a partner that never had to worry about money growing up.
- Sharing accounts can be a negative with certain couples. It becomes a full conversation every time on person pulls out a check or debit card. What are you using it for? Do we really need that? Money now becomes a daily battle that can weaken any strong relationship. Some relationship experts believe it’s better to have one joint account for the bills nd two separate accounts- one for each partner. This way, if the wife buys something, she can use money from her account and avoid another discussion about the funds. The same goes for the husband in the relationship.
For some couples, sharing an account is ideal but the most important thing is communication and compromise.
