How to Solve Money Problems in a Marriage

  posted by: Amber Ford

 

 

Money Problems in a MarriageEvery relationship has its own problems. One of the most common among problems, especially in a marriage is financial problems.  Sad to say, money is sometimes the root cause of a divorce.  Money is indeed the root of all evil. Don’t let this happen to you relationship. Don’t ever let money destroy your family.

How can you solve or fix financial issues in your marriage? Let’s talk about some ways on how to solve money problems in a marriage. Take a look at the following pieces of advice.

  • The first thing that you need to do is to talk to your partner. Honesty is very important at this point. Inform your spouse about your financial situation. It’s very impractical to keep the same lifestyle if things have gone south. It will only worsen the situation.
  • Along with the fist piece of advice, don’t try to hide income or debt. Bring everything like purchase receipts, debts, investments, pay stubs, bank statements, and others to the table so that both parties would know the real score.
  • Determine where your money problems are coming from. You have to know the root so that you can address the problem. If you have to change your lifestyle then you need to do it soon.
  • Avoid talking about the problem in the heat of a huge fight. Set a time to approach the problem. You cannot talk well if you don’t feel calm and convenient.
  • Avoid blaming one another. There’s no sense blaming your spouse at all. Acknowledge that one of you may be a saver or spender. Understand your differences.
  • Make a mutual decision on who is going to pay the bills.
  • Establish joint savings (any type of currency) and a joint budget.
  • Allow each other to have own savings to be spent at his/ her own discretion.
  • Talk about family goals. Prioritize these over individual goals.

Don’t let money ruin your beautiful home. Instead use it to make your relationship even better and stronger. Help yourselves to avoid temptations.

 

 

 

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Date: May 11, 2011 | Category: Marriage Problems
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