Money can be a major source of worry and of conflict in relationships. Not having enough is bound to cause tension, but equally so can your partner’s spending habits.
As long as you both have a similar attitude towards money, all you need to do is decide who’ll manage the income and expenditure. However, if your attitudes are vastly different, you’ll need to discuss your priorities in terms of household bills and general spending.
More and more people are getting into financial difficulties as a result of credit cards and personal loans. If you find yourself avoiding opening letters, or unable to say exactly how much you owe and how you’ll pay it off, then there could be a problem that you are avoiding people can sometimes feel ashamed or embarrassed by how they are dealing with their finances and their spending. It can lead to losing self-esteem, becoming depressed and seeking unhelpful ways to “forget”.
Unfortunately it may lead people to hide the true extent of the problem, even from those they live with. The reality is that this causes high levels of stress and worry and begins to have a negative impact on the relationships between people.
It is not uncommon for people to keep their worries about debt to themselves in the hope that things will get better. Well they won’t without action being taken. You might want to think about seeking some professional advice. There is a lot of support available, and advisors are trained to support people who find themselves in financial difficulty.
Here is some information from the website of StepChange Debt Charity solutions. stepchange.org
Helpline on 0800 138 1111 FREE