How can I deal with money issues in a relationship? - ProProfs Discuss
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How can I deal with money issues in a relationship?

How can I deal with money issues in a relationship?

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Asked by M. Jabrowsky, Last updated: Nov 09, 2024

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C. Block

C. Block

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C. Block
C. Block, English Professor, M.A, Ph.D, Buffalo

Answered Jan 10, 2019

You can deal with money issues best by being frank yourself, and insisting that your partner is equally as frank. Only by truthful analysis of the financial situation between you can you have the peace of mind that you know where you stand...even if the news is bad.

You can deal with money issues best by being frank yourself, and insisting that your partner is

Better to know that your partner has run up a debt of thousands, then to remain in a position where you pay ongoing amounts due on thebasis that your partner 'will have the money any day now'. If the situation is tense, stop paying out without documentation of what is owed to whom, and which of you is responsible.

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G. Roland

G. Roland

G. Roland
G. Roland, Professor, Austin

Answered Jan 08, 2019

The financial issue in a relationship is complex and often result in conflict. Everything on finances should be discussed and you should always find the solution to the problem that all parties are happy with.

Having different financial goals and spending habits affect relationships. If one partner is earning much more than the other, it can lead to power struggle and if one partner is spending more than the other this can strain a relationship to a point of breaking.

Set financial goals together, know how much is coming in and how much would be spent, be transparent with your partner on money issues. These tips should help you deal with money issues in a relationship.

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