Is Debt Destroying Your Relationships?
- Date: 2007-01-08 - Word Count: 570
Share This!
Likely, yes. Why is that? Well you fight more and the reasons are many. Lets talk about a few. It is likely one person in the house earns more money than the other. It is also more likely one spends more than the other. This situation can create an environment ripe for yelling and hurtful things being said. Lets say Beth is the big money earner and the big spender. John makes okay money but is tighter on the spending. All he can see is Beth spending their retirement fund while he is doing his best to make more money to contribute a larger chunk to retirement. Beth thinks, heck I am earning it and if I want to spend it I will. This relationship is on the road to divorce. Lets say Ed is the big money earner and Molly is the lesser earner and the bigger spender. You don't need an expert to tell you this is a situation for disaster. Molly says she is spending for the household and if Ed was not always working he could go and do it for all she cared. Ed thinks well if that is the gratitude I am getting, stick it in your ear. Where is this relationship going? It does not matter who is spending their way into debt faster the result is stress in the relationship. When that happens normally the intimacy lessens, i.e. less or no hugging, kissing and sex. Well it is just a matter of time before someone starts to wander into the wrong arms. It isn't that the other person is better it is just there isn't any financial baggage between and as such none of the accompanying stress. After that happens things normally do not get better. The amazing thing is the solution is quite simple. Talk about it. That's it, you need to sit down at the kitchen table and spend 10-15 minutes talking about spending and money in your relationship. Do not try to go beyond 10-15 minutes. This is highly emotional territory and you're going to novices about talking rationally about your money situation. Take baby steps in the beginning. Your first step in your conversation with your partner is to identify the real enemy. No I'm not talking about pointing a finger at who's to blame. There has been enough of that already. Your common enemy is debt and poor spending choices. You're aim is to find common ground to work from in turning this situation around. Make a clear plan for where you and your partner want to be financially by a certain age. Then brainstorm all the places you can increase your net worth or decrease your cash outflow. Likely you are both a bit off target on spending and given enough time to talk it over you will start to see areas where you can improve and hopefully your partner will see them also. When you are both clear that you are on the same team with the same goal in sight your debt stress will decrease considerably. The really important thing is you will feel closer to each other and that means we are back to hugging, kissing and yes, sex. Don't let debt ruin your good thing, make tonight the night you sit down with your partner for 10-15 minutes and talk about money. One day you will be glad you did.
Related Tags: debt, relationships, your, is, destroying
Ward Willison is a Self Made Millioniare who offers free debt elimination Tips and information for people wanting to get out of debt Your Article Search Directory : Find in Articles
Recent articles in this category:
- The Secrets to Getting Low Down Payment Car Insurance
Upon purchase of a new car, there is almost always a requirement to buy an auto insurance policy as - The Wisdom Behind Auto Insurance Comparison Quotes
No one in his right mind would not go for a good deal. In fact, everyone is out on their feet and ru - The Benefits of Auto Insurance Comparisons Florida
Insurance can be expensive. This is something everyone knows about especially in the sunny state of - Auto Insurance Florida: The No-Fault Policy
There are different kinds of car insurance offered by a wide range of providers today. Different sta - Finding the Cheapest Auto Insurance Companies
Everyone is asking and searching for the cheapest auto insurance companies available today. Consider - How do You Compare Private Health Insurance Cover in Australia?
Deciding what is the best and most affordable private health insurance cover can be easy if you take - How Payment Protection Insurance Was Mis-Sold
For over six years the issue of Payment Protection Insurance (PPI) and how it was mis-sold to custom - Finding Quotes For Auto Insurance Online
One of the many concerns when you are shopping for auto insurance is being able to get access to quo - How You Can Find the Best Auto Insurance Online
When it comes to renewing your car insurance you are going to quickly discover that there are a numb - Guidelines For Searching For Auto Insurance Online
The internet can be a great source of discounts and values related to auto insurance. However, many
Most viewed articles in this category:
- Trading Forex With Pivot Points
Forex Pivot Point Trading are used today by Forex Traders and are calculated on the previous days mo - Where To Search For Free Grants
Where do you look for free grants? The search must be thorough or it could be an exercise in futilit - The Connection Between High Blood Pressure and Salt
We are a society of Salt Addicts. It cannot be denied. When you look at the things we do and the pla - Tips For Avoiding HYIP Scams
Before knowing about HYIP Scams, refer to the functioning of HYIP or "High Yield Investment Programs - Getting Credit After Bankruptcy
Consumers do not have to live sans credit following a bankruptcy. By following certain steps consume - Tips For Choosing A Credit Card
Are you looking for that perfect credit card? If so, you may be confused about what exactly to look - Cheap Car Insurance For Teens Online
Many elements determine a car insurance policy. Car insurance companies look at the person's age, hi - What Exactly Is Free Grant Money?
You can apply for free grant money from various government agencies. But where exactly does this mon - Small Business Owners Marketing and Customer Service
Marketing can be time-consuming, but it doesn't have to be hugely expensive now, thanks to the Inter - Apply Online For A Credit Card - How To Choose A Card?
The best type of credit card for you will be dependant on how you intend to use the credit card. Are