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How financial worries can damage your relationship

by Amela Piric

Created on: March 03, 2011

How financial worries can damage your relationship

One can not imagine a relationship functioning successfully nowadays without a good economic basis.  Even though it may be hard for some to accept this harsh reality of living together, refusal to accept this reality may lead to life-long battles within a relationship. 

Even though financial issues may seem minor in comparison to love, sex and other responsibilities in a relationship, financial issues can serve as a foundation for a loving relationship.  When finances are pretty stable and on its feet in a relationship, all the other pieces will come easier together. 

Realize that you are no longer one

One of the first realizations that should come to your mind is that you are no longer alone.  Thus, it is not only you as yourself that you have to think and care about.  You now have that other person on your mind, his or her needs, and if you happen to have kids then your worries may even double.  This means that you can no longer behave the way you want meaning be out and spending all the time and especially if you are on a low budget anyways.    

Accept your share of responsibilities

As you are no longer alone, you are now to share the burden of paying bills and other family expenses not on your own but with your partner.  This means that you are no longer going to be the only burden holder but it will also not be very wise for you to throw this entire burden on your partner. 

Monitor your expenses

Keep up your communication lines open so that you both know how much money is coming in and how much money is coming out.  This will help you design a joint budget.  Communicating about money will also help you to better monitor your money so that you don’t spend too much money all of a sudden.  

Communicate about your financial goals

It is very important that you as a couple set out some time during the day or a week to jointly discuss financial matters.  You do not want to find yourself in a situation where you are putting so much effort into saving money while your partner buy extravagant clothes or takes off to expensive vacations too often.  This kind of disagreement in terms of finances could cause relationship strife and allow us the resentment, jealousy and frustration to accumulate and come to the surface of a relationship.

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