The old adage “money makes the world go round” has come to represent an undeniable truth in today’s society. But should the same saying apply to relationships as well?
In an ideal world, love conquers all obstacles, heals all wounds, brings out the best in everyone, and never fades.
The truth is: We don’t live in an ideal world, and external factors, like money, do play integral roles in determining the courses of our relationships.
Good financial practices may not be the be-all-end-all solution to maintaining a strong, healthy relationship with your significant other; however, this chart created by our friends at PersonalIncome explains why money is the leading cause of stress in relationships.
Certain factors, like lying about finances, lack of communication with significant others when making purchases, keeping secret accounts, and arguing about money can all put pressure on a relationship.
The key to keeping personal finances from destroying a healthy relationship is being able to identify the areas where you and your significant other may be struggling in, then take the proper corrective measures to ensure that money does not pose an issue when it comes to the strength of your love.
Whether there needs to be more honesty about finances, a better distribution of who is doing the majority of household spending, or a joint agreement about creating a savings plan, actions can be taken to prevent financial and romantic bankruptcy.
Here are some eye opening findings about money and your relationship…
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