Could Money be a Marriage spoiler?

“They say money can’t buy Love but have you tried paying bills with a Hug?!”

Out of all the divorces that happen worldwide, Money is one of the main reasons why marriages break and go through tough times. The varied reasons for problems in marriage could be:

• One spouse spending too much than the other – happens in the case where individual accounts are maintained.
• No clarity of how much money is being spent – when budgeting is missing.
• Money infidelity / secret spending – when people hide their expenses.
• The rise in expenses and income being low – overspending with the use of credit cards and borrowing money from others.
• Salary differences amongst spouses – especially in the case when the wife earns more.
• Spending/lending more money on extended family – spending more on parents, siblings, friends, and relatives.
• Unemployment.

Different Money Values

Generally, when spouses have different money values they have issues in their marriage. If couples decide to be transparent about money before and after their marriage, they would less likely fall into trouble due to Money.

Even when prior discussions are done about how much and who will spend on household activities, outings, bill payments, maintenance, outsourced work, and rent…when money starts falling short, love overcomes trust and discussions turn into heated arguments leaving a scar on the relationship. The person who spends more may also presume to have an upper hand in other aspects too. This might make the other spouse feel less important and devalued igniting quarrels.

Transparency in Money Matter

Hence it is required for couples to be transparent, vocal and be in one direction for avoiding troubles in marriage due to money.

‘There is no “my money” and “your money” in a successful marriage. Regardless of who does or doesn’t work or who brings the most money; the successfully married people pool their money together, plan together, budget together, give together, spend together and save together’

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