Show me the money Hunny!Money, the Relationship destroyer!
Money has everything to do with relationships. The way your partner and you manage your money will have a big effect on the “health “of your relationship.
Money issues are the number one stressor in a couple’s relationship, and there’s nothing more that causes conflict, stress and bitterness than two people who are on a totally different financial page.
If you’re very careful with money and your partner spends until they max’s out the credit card, this can be deal breaker however much you love each other.
It’s just not workable because these mind-sets are world apart.
Money, sex and extended family are the three main reasons why relationships lead to divorce.
Lots of couples find it easier to talk about sex than money.
So now that we know this, what can we do?
- Be more aware about what’s happening with finances:
What situation are you in financially?
Do you know where the money is being spent?
- Be more aware of your feelings around money?
Is your partner making more money than you?
Do you feel empowered to make money decisions about your household?
Do you feel like you have to ask for permission to spend money?
Are you scared to have discussion with your partner about money?
- What are own beliefs about money?
Do you feel a certain sense of responsibility to bring money into the household?
Do you believe that your partners should manage the money and bring the money into your household?
- What is your money story?
How the finances were managed in your family growing up?
What roles did your parents play regarding managing their finances?
- Be Respectful of the differences.
It’s really important to be respectful of your partner’s way of managing money.
Also, it’s just as important to communicate clearly on what’s working for you and what is not working for you.
Learn to accept and negotiate a workable financial solution for both parties and stick to them.
As breaking an agreement is a break of trust which can be harmful to your relationship. Money is about trust…..
Would you like to talk?
If something in this blog has brought up some issues for you, book a free inquiry call with Ann Jay.