How to Handle Money in Relationships

in #life7 years ago (edited)
Until you can handle money matters appropriately, you can't have a great relationship. 

Just as love is an important issue when talking about relationships, so also is money. Money is the game changer. Sometimes, money could either make your spouse love you more or resent you. I know you'll want to argue that love built upon money, is not true love. But that's not the angle I'm coming from. It is very important to check someone's Financial responsibility before building your life around that person. For instance, if you have a partner who is lazy, selfish, secretive or wasteful, any of this trait could diminish the love you have for that person. Taking inappropriate money decisions often harm good relationships.

These tips will help prevent some relationships troubles associated with money.

Money and money related issues have caused a lot of problems for couples. Knowing how to control finances helps relationships become more enjoyable.

Don't keep secrets from your partner.

A lot of couples prefer not to talk about money as it brings up some sort of frictions. But that is not a good decision to make. Since good relationship involves good communication skills, money matters should also be well handled. Let your partner know about your debts, salary increase and other things. Trying to hide some of these things could cause trouble in future. Some people hide money from their partners for so many reasons. It could be because of the wasteful their partner's habit, or maybe they want to use it for something they wouldn't want their partner to know about. In this instance, building a relationship with someone who shares same money priorities with you is very important. 


Don't put all the financial responsibilities on one person 


Paying the bills should not be the responsibility of one person. Both parties should have something they are bringing to the table. Leaving all the expenses on one person might make him start feeling resentful or he could use the opportunity to become manipulative. 

Don't envy your spouse 

When your partner earns more than you, you don't have to get envious of it, rather celebrate his success together.

Don't be too hasty to merge your accounts

It's lovely and romantic to have a single account, but don't be hasty about it. Carefully observe the pros and cons that are involved with it before doing that. I'm not a fan of such idea. I prefer it when couples keep their personal accounts, then create a joint account for emergency or household bills.

Always save for rainy days.

To avoid a lot of future misunderstanding, adopt the saving habit. This would help prevent blames and bitterness when the unexpected expenses, job loss or other issues come up. 

Conclusion 

Happy and long-lasting relationships are built on honesty, trust and taking matured responsibilities. This should also extend to money issues. Financial responsibility, trust and honesty will help prevent a lot of pitfalls that trouble relationships.

All images are taken from imgur.com

Thanks for Reading.

I earnestly appreciate all of you who helped me in one way or the other to pull through my trying moments. A big thank you to all of you.


PLEASE RESTEEM, UPVOTE AND FOLLOW.

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that is why Understanding between a couple plays an important role in a relationship.

What about us single guys and ladies😉😁

Lol! na for inbox I go answer you.

Same here, I will join ...lol

dont share the wealth ever lol.

Thanks, I have always wondered about how this is handled in different relationships. It can become a complicated affair and cause problems in the long run if not handled correctly.

That's true. A better money decision-making can solve a lot of problems. Thanks for your comment here.

My housemates are having it now...more so that they are going on holiday that the husband wants, expecting the wife to spend for the whole time of their holiday as he doesn't have any savings..also shares less with monthly expenses. His share is the same from when they have only 1 child till now that they have 4.
I can feel the constant frustrations and resentment against him.

It's always like that when one person takes all the financial responsibility. Thanks for leaving a comment here friend.

true..but it's not nice to see how she is becoming. is more assertive where he is laid-back.

Yes, money is an important concern in relationships. But yes, both way transparency is important.

Upvoted. :)

Money is connected with everything. its fragile. Handle with care.

That's true. Thanks for your comment here.

THank you so much for the SBD, i am now following you... I have a post here that you would like and I hope you get some time to check it out https://steemit.com/blog/@daudimitch/one-blockchain-one-love
thanks for your support

I think that thanks should go more to the person who appointed you. You are welcome though.

A well written article. However another thing to point out ic cuture. Some cultures do not , unfortunately respect women and thus goes against most of the above point. Thanks a lot for sharing, and more success to you.

These are really great tips. My husband and I are celebrating 10 years of marriage next month and sure, we've been through hard times but we don't keep secrets about our funds or financial situation. We treat ourselves once in a while. We also have his, hers and our accounts. How we spend it is up to us. It's all about team work!

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