Spouses Can Achieve Financial Intimacy With Effective Communication in Discussing Money Management
Take a wild guess and tell me what you think one of the leading causes of divorce is today. If you said money management, or better yet, the lack of money, you would be on the right track. Let’s take it one more step further and say this. One of the primary issues that brings a couple to a divorce lawyer, is the lack of communication in discussing finances.
You can do a search on the internet or even your public library, and you’ll find countless books that have been written on this topic. Each book may have a different strategy for overcoming the problem, but eventually they all have the same bottom line… “In order to overcome this serious marital problem, the topic of discussing finances must be done in a constructive and healthy manner by a couple.”
Discussions on How To Manage Money Will Help You and Your Spouse To Achieve Financial Intimacy
Whether we like to admit it or not, discussions on how to manage money, or the lack of it in some cases, is the primary cause of divorce today. Perhaps we should take that concept a bit further, and say that the lack of communication, e.g., discussion of finances, leads many couples to the divorce lawyer.
Many books have been written on this subject, usually with different strategies on how to overcome the problem, and basically they all come to the same conclusion, couples must be able to discuss thetopic of money in a healthy and constructive way. It’s easy to say, but sometimes hard to do, isn’t it?
Apparently the topic of money has become taboo. Is it because, as children, how to manage money wasn’t discussed in your family? Do you think if it had been you would be more open to discuss it with your spouse? Is it more prevalent with the current generation of couples? Many are doing research on this, and the results aren’t really that conclusive.
Our firm provides the information in this website for general guidance only, and it does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with a competent professional tax, accounting, legal, or other professional advisers. For information on how to use this data, you are advised to read our Legal Disclaimer page and our Circular 230 page.