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Why You Shouldn’t Keep Financial Secrets from Your Spouse

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As much as we think that money cannot interfere with our love and relationship, it can. A lot of married couples agree that disagreements over money can erupt into fights that are bigger than arguments over children, chores, work or even friends. That is probably because arguments over money encompass more than just finances. Money doesn't just represent money; it represents love, power, control, self-esteem, freedom.

Fights over money usually erupt from an accumulation of unresolved disputes that usually comes from small disagreements. When it comes to money, everyone have their own personal views of spending and savings, and there will always be that push-and-pull about which is right. In marriage, those views on money need to be aligned between the husband and wife. Every spending and saving needs to be mutually agreed upon, so that conflicts as a result of disagreement over money can be avoided entirely.

Good communication is the key to resolving any issues, especially when it comes to money and other financial topics. Married couples agree that to be financially transparent is the foundation of good communication, because if you cannot be open with your spouse about your finances, it will be hard for you to have an intimate relationship.

How transparent should you be with your partner? And when should you begin? Be honest about your finances from the start. Be open about your income, any debt you may carry, and any spending habits you might have. Don't keep secrets from each other, because keeping secrets destroys trust, which can ultimately undermine your marriage.

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