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7 Marriage Destroying Money Issues
And How to Resolve Them
Money is one of the most common topics of conflict in a marriage. As a matter of fact, survey conducted by Institute for Divorce Financial Analysis showed 38% of divorces were due to financial issues. When couples don’t communicate openly and honestly about their finances it can lead to resentment, distrust, and even divorce. In this article, I will list seven marriage destroying financial issues. I will then review a few steps you can take to improve the situation.
I: Lack of communication
This is the number one cause of financial problems in a marriage. If couples don’t talk about their money, they’re more likely to make decisions that are not in their best interests. For example, one partner may take out a loan without telling the other, or they may make major purchases without consulting each other. This lack of communication can lead to resentment, distrust, and bitterness.
II: Not pooling earnings
When couples keep their finances separate, it can create a lack of transparency and trust. For example, if one partner is making a lot of secret purchases, it can make the other partner feel like they are being left out or that their partner is not being honest with them.