Money; it’s the root of many, many marital problems. In fact, some researchers say that financial issues within the marriage are actually the 2nd most common cause of divorce. While many couples may not have money issues, it is one of the top causes of conflicts and disputes. This article discusses dealing with financial issues during marriage and how you can stop it from ruining yours.
Cooperation and Discussion
One of the most important things you can do to stop financial issues is communicate. First of all, do you and your spouse have separate funds or does all of your money go into the ‘our money’ bin? If you have separate funds and keep it separate, you need to agree on a percentage of the bills that you both pay and also agree on any other things your money goes to. For instance, you may want to keep a portion of your paycheck in a savings account, child’s college account or something else. Then, you will know what money you have left for recreational or other purposes.
If all of the money goes together, you need to also agree on where the money goes and what is left over. Splitting the recreational money between the two of you is a great way to alleviate money conflicts. Another thing that really stops money issues is to discuss with your spouse any large purchases which could affect your relationship.
Another problem many couples have is when one, the other or both engage in careless spending. For instance, purchasing things that are not necessary, gambling and similar things can really cause disputes within a marriage. If your spouse is engaging in careless spending and you’ve had enough – talk to them without attacking them. Figure up the amount of money they spend and show them the percentages. Let them know the good things that could have been purchased with that money and remain calm with them. This gets through to a spouse much more than screaming at the top of your lungs would!
One Sided Spending
Many couples have problems because one of them doesn’t mind spending the money on himself or herself but the other hesitates. For instance, some mothers (not all) will purchase for every one else first and this can leave them with nothing for themselves. If you feel as if you’re being stiffed, speak up. Choose a day when you’re going to purchase something you want and let your spouse know. This way, he or she has no excuses and they know that you’re going to purchase something you want.
By following the tips and advice in this article, you effectively and happily can get around the money issue in your marriage. Even if you’re not experiencing money problems at this time, communication is key in preventing them from happening in the future. Be open and honest with your spouse and encourage them to tell you their thoughts. This will help keep your marriage happy and conflict-free. Good luck!