When Money is a Problem

Is money a problem in your marriage? If it is and if you are having more and more arguments about your finances, your marriage, along with your finances, is in trouble.

Some of the consequences of arguing about money could include:

• Your financial situation worsens due to not being able to make financial decisions.
• One spouse feels burdened by feeling all the responsibility for the family finances.
• One spouse feels left out of the decision making process when it comes to decisions on how to spend or save money.
• Important financial questions such as where important documents are kept, status of bill paying and savings accounts, and your budget may never be discussed.
• The marriage could suffer from lies, snooping, broken promises, lack of trust, fear, anger, disappointment, feeling betrayed and even stealing from one another.

"Twenty percent of American women surveyed admitted to taking money from their significant other's wallet without their knowledge."
Source: "She Makes How Much More Than Me?!" CNBC.com. 1/28/2010.

Don't ignore red flags in your marriage. If you want to stop fighting about finances, the first thing you need to do is to get your heads out of the sand and admit there's a problem. Make sure you talk with each other about your monetary concerns and issues.

When Money is a Problem originally appeared on About.com Marriage on Wednesday, February 24th, 2010 at 07:56:53.

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