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As a couple we are facing many challenges? Money is a big problem. What should I do?

Answers (3)

SULLIVAN41 said on
Financial trouble is cited as a top reason for divorce, so money problems in a relationship should not be ignored. It’s important to realize that people have different ideas about how to use, spend, and save money, and that many couples who are facing financial hardships tend to disagree about some fundamental issues with regard to spending and saving. Compulsive spending is also a problem that can plague a marriage, and it can be just as devastating as alcoholism and other compulsive behaviors. The best advice is to be proactive. Take a financial literacy class together and decide as a team how you will manage your finances.
lifewanderer said on
Seek help for yourself financially. This can come in the form of finance coaches or advisors, credit control companies, or even online finance guidlines. There are many resources and tools that you can access for free as well, this can come in the form of data spreadsheets, or finance software to help you budget your expenses and income. Most importantly however, instill financial discipline in yourself and your spouse so you can see results.
yosemitefaerie said on
Money is usually the number one source of problems for many couples. As they say, money is the root of all evil. I agree with the view that sometimes, it can be hard to willingly share your hard-earned money with your spouse, especially in this cut throat survival of the fittest world we live in. Do your best to work out the financial problems you and your spouse have, even if it means you have to make some sacrifices.
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