Money is very important in all facets of life, and this also applies to marriage. It’s difficult to run a home perfectly without money . There is a saying that money is the root of all evil but that is when it is not put in its right place. How do you and your spouse handle money issues in your family? The truth is making some money mistakes can destroy your marriage and as such you and your spouse need to be careful when it comes to managing the family finance.
Some couples have decided to have a joint account in order to monitor their spending while some has decided against it . One of the money mistakes that can affect your marital relationship is overspending, are you the type of person that buys things on impulse, you buy both what you need and what you don’t need thereby overspending and spending above your family budget? Such spending can irritate your spouse and lead to yelling and quarreling between you and your spouse.
Another money issue is debt, do you always buy stuffs on credit or borrowing money here and there even without your spouse knowledge thereby causing your spouse embarrassment. Are you a chronic debtor? When I was in paid employment there was a colleague of mine who was a chronic debtor, she was an impulse buyer, she buys things on credit even when she knows she can’t afford it, she was in so much debt and anytime the sellers come for their money she hides and tell the security to inform the seller she is not around. This continued for a long while until one day she used a customer’s money to pay for her debt which lead to her loosing her job, can you imagine that! This is what leaving above your standard and running into debt can cause you or even worse. If you constantly embezzle your family fund and run into debts, your partner sooner or later will definitely not be able to tolerate you .
Thirdly do you use your spouse money or take his or her credit card without informing your spouse, without doubt both of you are one but still it’s wrong for you to take your spouse money or use the money your spouse kept with you without informing your spouse and getting his or her consent to use it. Money it’s very difficult to come by so unnecessarily overspending your family fund,or constantly getting into debt and embarrassing your spouse or using your spouse credit card or money without their consent it’s totally unacceptable. Constant unreasonable request of money from your spouse for wasteful spending can also get to your spouse and ruin your marital relationship.
You must show maturity when it’s coming to spending and managing your family fund, your partner will respect you more if he or she knows you can be trusted with the family fund, hence you must avoid all the above money issues which can break your marriage. Always have a spending budget and know your limit, never buy on impulse especially if you don’t need it and if it will cut deep into your pocket. Keep the habit of not getting into debt, do not live above your means, be real only get what you can afford to pay for and things you need and not things you want, do not borrow from Peter to pay Paul thereby living in a circle of borrowing. There is no dignity for a chronic debtor. Communicate regularly and effectively with your spouse about your family budget, your spending limit and be open to each other about your earnings, so you both can know your total monthly income which will help you make a wise budget .
It is also important to note that you should avoid some unreasonable money request from your spouse , do not milk your spouse dry financially . Do not lazy about and expect only your spouse to earn money for the family or use your spouse money without his or her consent. Remember that a successful marriage is built on a solid foundation of honesty and trust, so avoid all money mistakes that can destroy or affect your marriage negatively.