Here's some marriage therapist and relationship expert advice on an issue we all struggle with: financial drama. Could poor communication about your money problems cause a divorce? Read on to find out.
Couples should start planning now for their retirement. With a little thought, care and number-crunching, life after careers can be everything you dreamed it would be.
Whether you grew up wealthy, impoverished or somewhere in the middle, you and your partner have philosophies that are either in sync or unfortunately incongruent with your lifestyle as a married couple.
When two people start dating, it's common practice for one person to pay for the date. Traditionally, it has been the man who pays but modern times now sees a trend of women paying for dates or helping to offset the cost of a night out on the town. Because of financial times, sometimes dating can become more of a burden than a blessing. Paying for dinner, drinks and a movie can cost upwards of $100 or more. If you are going out every weekend, your budget has now increased by almost $500 for the month.
Times are tough right now and holidays are right around the corner and so are lots of expenses. Every one of us is scratching our heads and trying to figure out ways to bring in some extra cash. You may need extra money to buy gifts or just to pay the rent.
As mentioned in a previous article, the duration of separation is lengthy, averaging over three years. In working with our clients, we’ve found that that the major reason for the man to delay filing for divorce is fear of loss; the emotional connection with your spouse, not seeing your kids every day, and a big decrease in your finances.
With more and more couples choosing cohabitation over marriage each year, the idea of couples sharing money matters is no longer reserved just for married folks. But what exactly are they sharing? The bills, for sure, because they have to — but what about the other things they spend their money on?
Dr. Terri Orbuch, a psychologist and professor at the University of Michigan's Institute for Social Research, followed 373 couples during their first year of marriage, 46 percent of whom later got divorced. As reported in "The Wall Street Journal," she found that most divorced people shared the same five regrets about their marriages.
Many people ask, "should I tell my spouse about my past financial infidelity?" My answer is to get it off your chest, feel free of the past and then move on.Nearly every relationship harbors some level of Financial Infidelity. It doesn't matter what money personality is. It might be as minor as not telling your partner what you really spent on her birthday gift or as major as keeping a secret bank account to pay for your gambling addiction. (Find out where you stand with the Financial Relationship Index) Either way, the path to a healthy money relationship will never be smooth unless you are honest about your behavior and committed to changing your ways.
In the age where women are just as powerful as men where do we draw the line of men using women and women using men? Is it still taboo to say that if a man is living off of a woman than he is less of a man? Or are we past that stage because of the current generation? The current generation has shown that women can be just as successful or even more so than a man. Since that's the case do we throw out our previous beliefs that our parents and grandparents has instilled in us?
Women want to feel empowered with money, but it may not be a concern for them until they are facing a breakup or divorce. The best way for women to recover from a breakup, is to get comfortable and powerful with money fast. Women Who Attract (or have left!) Mr. Wrong, need different money advice and education than women who don't have, or have never had, man or money drama, and they need a different kind of information than men.
Money: It's a partnership we don't talk about much, and just like any relationship, it can feel loving and empowering or yucky and frustrating. What is your relationship to money? Do you love it or hate it? Does it abuse and use you? Does it overpower you with its strength? Or do you have a healthy and whole relationship with money.
Marrying your partner means marrying your partner’s money personality – a characteristic that affects much more in your life than you might think. Your money personalities affect decisions such as choosing breakfast cereals, picking destinations for Friday night dates, and deciding what a “vacation” means.
Max Green, 32, who just moved back home from the West Coast, recently told the New York Post, "I moved back in with my parents in August. I was dissatisfied with my job, was thinking of going back to school, and wanted to be close to my family."
"You're engaged? Oh, congratulations! When's the wedding? Where's it going to be? Are you two planning on having kids anytime soon? OMG, how did he propose?"