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5 causes of financial disputes between spouses

On Behalf of | Jan 2, 2024 | Divorce

Divorce can happen for many reasons, such as infidelity, parenting conflicts, and personal endeavors. One of the reasons divorce happens that people do not talk about as often is financial issues. Financial issues can lead to many difficulties in marriage. 

If your marriage is struggling, then it could be suffering from financial conflicts. Here are a few scenarios that could be happening to you:

Spouses who earn different incomes

Many people earn different incomes than their spouses, which can be a subject of frustration. For instance, someone who earns a lower income may want to fund their travels or hobbies by using their spouse’s income. 

A spouse using their money to control the other

In a relationship where one spouse earns a living wage and the other is a stay-at-home parent, the income-earning spouse could use their money to control what the other is allowed to do.

Unemployment leads to conflicts

Unfortunately, many people lose their jobs. As a result, a marriage could face difficulties because the unemployed spouse did not put aside savings or is unwilling to find a new job. As a result, the other spouse may feel resentful and taken advantage of. 

A spouse is planning on retiring 

Retirement is a goal for many people. Someone who may be planning to retire from their job may find pushback from their spouse who is not ready to retire. 

A spouse’s hidden debts were discovered

Many people have different kinds of debts–some of which are unavoidable. However, someone may be keeping their debts hidden from their spouse because they were caused by gambling or poor investments. The discovery of these debts could cause their spouse to reconsider their relationship. 

Knowing what to do next with your marriage may be difficult to figure out on your own. If you’re considering divorce, you might need to reach out for legal help.