Money may make the world go round, but it also has a negative effect on people. Money is a pervasive source of conflict in relationships and is often the root cause of many divorce cases, leading to bitter and acrimonious battles between spouses.
Here’s why money is a common cause of divorce:
At the heart of this issue is that money is a powerful and emotive subject. It touches on our deepest fears, insecurities and aspirations. Moreover, money represents security, independence and control. For many people, money is closely tied to their sense of self-worth and self-esteem.
Money is often closely tied to power dynamics in relationships. Therefore, when one spouse is the primary breadwinner, they may feel they have more control over financial decisions. In this case, the other spouse may feel unequal. This may lead to arguments and unhappiness, leading to further conflicts.
Escalation of conflicts
A simple disagreement about money can quickly escalate into a heated argument. One spouse may feel that they are being denied access to the resources they need to live or feel like they are being pressured to spend more than they can afford. This can lead to feelings of resentment, frustration and betrayal, which can erode the trust and intimacy, which are the foundation of a healthy marriage.
Different spending styles
Another key factor contributing to money-related conflicts in marriages is that couples often have different spending styles. Some people are naturally frugal, while others are more inclined to spend freely. These differences can lead to tension and disagreements, especially when one spouse feels the other is irresponsible with money.
Ultimately, money is a common cause of many divorce cases because it is a profoundly personal and emotional subject that touches on many aspects of our lives. Therefore, it is essential that you communicate openly and honestly about your financial goals, fears and aspirations. However, if you’re considering divorce, it’s time to find experienced legal guidance.