They say relationship problems are often triggered by money issues. It certainly causes angst in my own marriage as my husband by his own admission is rubbish at managing money so all the sensible thinking and a lot of the income-generating falls on my shoulders. Do you know how to handle money in relationships?
I recently read a survey from Shepherds Friendly Society who teamed up with psychologist and relationship expert, Dr Becky Spelman to find out more about how people think money should be handled in relationships. Does money really have the power to make or break a relationship?
The survey looked at different milestones in relationships when it comes to money. It covers things like who should pay the bill on a date night right down to whether people would split up with a partner if they became bankrupt.
There were some surprises to me in the survey findings. For example, one result was that more men than women feel men should pay on date night. This contrasted with another finding that more younger women than men felt the bill should be split.
I found it fascinating that money can make a person be more attractive to some people. I have never fancied anyone based on the size of their bank balance. In fact, my two long-term partners were unemployed when I met them. If I was to look for a new partner, I would want to ensure they had some financial security. It’s no fun constantly propping someone up who does not have money in the bank. It’s OK in the first stages of a relationship when love is still blind but it is not helpful when the bills arrive.
I was interested to see some different results for heterosexual couples compared with same sex couples. For example, same sex couples were more likely to keep their finances separate.
Check out the survey to find out more and to access sensible advice moving on in your romantic and financial lives.
Do you have any advice on how to handle money in relationships to share with my readers?