The Biggest Money-Related Reasons People End Up Getting Divorced
Money related issues are one of the number one reasons couples end up seeking a divorce. For many, it is the number one cause of arguments between two married individuals. This is no surprise as, regardless of whether a couple is wealthy or in debt, many have financial disagreements. Below, we discuss some of the biggest money-related reasons people end up getting divorced: Opposing Views Of Money One of the reasons financial issues become a problem is because couples fail to discuss these issues before getting married; only to find out afterwards that they have completely opposite views of money. Sometimes this leads to a “spender” and a “saver,” for example, who are continually at odds with one another. This can especially become an issue if a couple starts out in debt, which many do. This sometimes also adds to the anxiety which, in turn, can make discussing finances even more daunting. Credit Card Debt Credit card debt is another issue that sometimes comes between people, especially when one individual has worked overtime to pay off their own debt; only to have their spouse rack up new debt that they will both be responsible for. In fact, the larger a couple’s debt, the more likely money becomes an issue that they fight about. Costly Financial Decisions – Alone & Together Financial infidelity can have a devastating effect on marriage, and include secret purchases, costly addictions, and secret bank accounts. And when two people make costly spending decisions together, this can also add to the tension. One example is purchasing a house that is simply too expensive to sustainably stay in, as well as major purchases, such as a new car, or even major unexpected expenses, such as having to care for an elderly relative, a medical emergency, or even the wedding. Bank Accounts & Feeling Marginalized For some couples, combining bank accounts causes so much stress that advisers even go so far as to recommend keeping separate bank accounts so as to avoid that conflict. In addition, loss of financial control can end up causing some individuals to feel marginalized in the marriage, as though they do not contribute enough to the family wealth. This is sometimes the case for women in high net worth situations, for example. Contact Our Florida Divorce Attorneys Today Family court issues are some of the most stressful legal issues in the courts. Given that your personal and family’s financial well-being is at stake, you want to make sure that you work with the very best family law attorney in order to ensure that you are protected. Contact our experienced Tampa family attorneys at HD Law Partners today to find out more about our legal services. Resources: https://www.independent.co.uk/news/business/news/money-marriage-end-divorce-day-relationships-personal–finances-slater-gordon-a8147921.html https://www.businessinsider.com/divorce-money-issues-financial-relationship-couple-2019-7 Posted in Divorce | No Comments » Connect with us Archives May 2026 April 2026 March 2026 February 2026 January 2026 December 2025 November 2025 October 2025 September 2025 July 2025 June 2025 January 2025 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 May 2022 April 2022 March 2022 November 2021 October 2021 September 2021 August 2021 July 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 October 2020 August 2020 July 2020 June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 November 13 Categories Alimony Appellate Arbitration Auto Accidents Auto Insurance Business Corporate Business Insurance Law Child Custody Child Support Criminal Law Divorce Family Law FEMA Insurance Payments Florida’s Mandatory 2‑Hour Legal Professionalism CLE: Foreclosure Defense Fort Myers Hurricane Insurance Attorney General Guardianship HD Law Partners Service HOA/Property Management Homeowners Association Homeowners Insurance Hurricane Claims Hurricane Insurance Insurance Bad Faith Insurance Claims Insurance Defense Insurance Litigation Landlord Tenant Law Enforcement Liability Loan Modifications Mold Water Damage Parental Rights Paternity Personal Injury Premises Liability Law Prenuptial Agreements Private Security Property Distribution Property Owner Law Sarasota Insurance Litigation Attorney Slip Fall Tampa Business and Corporate Attorneys tampa family attorney Tampa Insurance Attorneys Timeshare Timesharing Uncategorized HD Law Partners is proud to be your trusted full-service law firm Quick Links Property & Casualty Business & Corporate Litigation Family Law Contact Us Careers Get In Touch 2002 North Lois Avenue Suite 510 Tampa, FL 33607 813-253-5333 Contact Us