Not surprising, sincefinances and relationshipsare like oil and water they don’t mix easily.
Not only that, but we all have misunderstandingsabout moneyand how to manage it.
When one partner makes more than the other, it can put a strain on your relationship.
But it doesn’t have to be that way.
Making spending decisions
Too frequently, money translates to power, even in our personal relationships.
That means that income inequality in your relationship also means power inequality.
Who makes the decisions on how your household money is spent?
If the higher earner is the only one making major spending decisions, that needs to be addressed.
Instead, you should be approaching these sort of decisions as a team.
You may want to go to Hawaii, and he may want to go to Tahoe.
Instead, perhaps you might agree to take a cruise that you’ll both enjoy.
If left unmanaged, this attitude can start to fracture the relationship."
Set up a joint account, and then each of you should have a personal account.
Whatever is left over for each partner gets deposited in the personal accounts.
This burden can cause serious resentment and animosity and make you feel trapped.
Sit down with your partner and discuss the situation.
Also, never feel like you are stuck in a job you despise.
Take a proportionate approach that is fair to everyone which may not be 50/50.
Make a list of weekly household duties and how much time they take.
If they hate doing dishes, you could volunteer to take that one as part of your list.
Amajority of Americanswouldn’t be able to come up with $1,000 in an emergency.
after you grab attained that amount, don’t touch it, especially forpointless things!
If you’re denying your needs like food, clothing, or medical/dental care that’s dangerous.
Sometimes the unexpected happens, and your partner should understand that.
