How can financial problems affect a marriage?

Losing your job, bringing a significant amount of debt into the marriage, or having poor credit can severely limit the financial options you have as a married couple. A lack of income can prevent you from buying a house, buying a car, traveling, saving for retirement, and even starting a family.

Can family affect marriage?

When you marry, for better or worse, your spouse comes with extended family. It may make you more anxious if your spouse becomes protective of his family. The point is extended family issues can cause anxiety leading to arguments between you and your spouse.

What are the financial problems in a marriage?

Even when you set expectations, plan and budget, financial problems in marriage can still arise. One partner may have overspent in one particular month or there is a reduction in the income of another. So, how to overcome financial problems in a marriage, when there is discrepancy in financial planning versus the execution of the plan?

Is marriage a license to be financially irresponsible?

It is not a license to be financially irresponsible, but it is the gentle reminder that your love will get you past any financial problems in marriage. A lot of times the financial problems in marriage that come up are unforeseen, such as a loss of a job, a death in the family or emergency health care.

Can money problems cause divorce?

No matter how solid your marriage is, remember, the truth is money fights are one of the potential causes of divorce. Since financial problems cause divorce, couples and finances should go hand in hand. It is crucial to remember that if financial issues are not discussed, it is a recipe for marital disaster.

How can a financial marriage counselor help you?

A financial marriage counselor and/or a financial coach can help you deal with marital problems that start with money, budgeting issues, financial infidelity and potential money pitfalls that can cause malice between couples.