There’s an old saying that goes, “Money is the root of all evil.” While money may not be responsible for all the problems a couple may have, it’s definitely a double-edged sword. Although money can empower couples to make their own decisions, it also can cause financial disagreements and drive couples apart.
Every couple has disagreements. They go hand-in-hand with any relationship.
However, financial disagreements can be a particularly difficult problem. In fact, money matters and differing viewpoints regarding finances are at the top of the list of reason why couples separate or divorce.
To avoid letting this issue destroy your relationship, consider these three important key points.
When it comes to who the breadwinner is in the family, times are changing.
According to the Pew Research Center, in 1960, 11% of American families had a woman as the primary wage earner. Today, that number has climbed to 40%.
This change in gender roles can have an impact on relationships. How so?
Losing your job hurts—plain and simple. For some, it’s devastating.
Not only can it hurt your financial welfare, it can cause emotional pain and suffering. Depending on your reactions to this crisis, it can severely impact your relationships with family and friends. In fact, for some people a job loss is similar to hearing about the death of a loved one. And there are reasons why you may feel this loss so deeply.
It’s a common practice in much of today’s society to place our identity in our job and in our career. For example, you may have based your self-worth and self-esteem on your job responsibilities, or on your coworkers’ respect for you, or on your job title, or your workplace relationships, and losing any of these can mean losing part or all of your personal identity.
The grief that follows a job loss is a natural and very real. Like most significant losses, the side effects can be painful and often happen unexpectedly. But there is a way through this loss that can create growth and healthy changes.
Let’s look at how this might happen and what steps to take going forward.
The simple answer to this question is ‘No’. In most cases money can’t buy true happiness. It seldom if ever makes a bad relationship good, nor can it improve intimacy in a relationship. People with the highest incomes often have to work long hours, and many of them quit these jobs and find work that brings them greater life satisfaction.
Once we adapt to higher incomes, it can soon lose its appeal. After a promotion and higher salary, a person often feels greater life satisfaction and happiness but in less than about three months, the higher salary can lose its impact on happiness levels.