Financial Fights That Cause Divorce
When all is said and done, aside from child custody, the biggest issues in divorce are about money. Indeed, money is often the root cause of divorce. If money concerns are not the reason for a divorce, they may be symptomatic of deeper marital problems. According to the Street, the types of financial fights that lead to divorce can easily be classified. 1. Paycheck envy According to the Bureau of Labor Statistics, one in three married women out-earns her husband. That amount expands to more than half if they earn $55,000 or more. This phenomenon, it is said, may...
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Financial Issues That Destroy The Best of Marriages
I have long felt that since money and money issues are the leading cause of divorce, the economic health of a marriage is a good barometer of the overall health of marriage. Ron Lieber, in his “Your Money” column in the New York Times identifies five, often unanticipated, economic stressors capable of destroying even the strongest of marriages. Often, the tensions brought on by financial issues have been exacerbated by a failure of communication. The parties may be foreclosed from solutions that may have been available if both the husband and the wife were “in the loop” and working together...
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