So who is the big spender

 

I thought it was alright to buy it

Marriage is a fantastic period when two people decide to create their own family, sharing the values, thoughts, and even lives with each other. Of course, everybody wants to save the marriage for as long as possible. But often couples just can’t keep it anymore. The reasons are different, but the leading cause is money.

A lot of specific surveys and studies were conducted among various age groups in the United States. More than 35% of all respondents said the money was the primary cause of friction, and approximately 44% of the older generation declared the same thing. At the same time, the American Psychological Association study showed that almost ¾ of Americans are experiencing extreme financial stress, whether they’re in relationships or not. It is demonstrable evidence of a direct connection between money and stress.

The statistics slightly change with each passing year, but the fact remains impact – financial problems can be considered a common significant issue in many households that could lead to divorce. As well as the stress that goes hand in hand with this kind of problem. There are a lot of things that can happen unexpectedly. It may be related to losing a job, running out of money, wishing to buy something that the family can’t afford so far, or going deep into debt.

But the point is that every problem can be solved, even if it seems impossible. Before making hasty decisions that can affect or ruin the marriage, take care of considering other ways to address the issue and finding the appropriate solution for your specific case.

Different Spending Habits

It’s necessary to remember that all people are different, especially when it’s related to spending money. Somebody prefers to save more than spend money on unnecessary things. But at the same time, your partner may be an unimaginable big spender.

The one solution to avoid potential fights regarding your joint finance management is to recognize your partner’s bad spending habits, think about your own financial habits, and not be afraid to discuss the differences openly.

It’s indeed essential not to delay this discussion as it could lead to serious misunderstanding or even mistrust. Take your time and try to reach a compromise with your partner by setting clear priorities for the entire household. Think of achievable financial goals and implement them into your family budget.

The Loss of Job

It’s always stressful to accept the fact that your family breadwinner loses his job, especially when it happens unexpectedly. However, there’s no place for panic.

The best solution to overcome the problem is to be ready for it before it happens. The household heads need freely discuss all available options and try to plan ahead. Think of different scenarios: what will you do if your spouse loses his job? Have you saved enough for a rainy day? Is it possible to find another job? How fast and what kind of work will it be?

All of these questions should be answered beforehand. Even if the situation doesn’t happen – you’ll be calm knowing you’re ready for it completely.

And finally…

Debt Burden

In addition to various stressors of everyday life, payday loan traps can negatively affect the marriage more than anything else. They go hand in hand with the incredible financial insecurity that causes feelings of fear, frustration, and anger.

Just imagine how difficult it is to maintain a healthy and happy relationship when you have to deal with constant debits from your bank account and aggressive payday lenders who try to reach you in every possible way. That’s why the most important thing you should do is not to hide your payday loan debt from your spouse and think of available options to get rid of your debts until it harms your marriage.

Even if escaping the payday loan trap seems nearly impossible to get out of it, you need to know that it’s easier than you think. First of all, stop taking on more