Debt Analysis- Financial Impact On Relationships
The Burden Of Debt on a Marriage A recent study by the University of Utah found that couples are 30% more likely to divorce if they argue frequently over their financial situation. We are all aware of the burdens of debt. The recent recession has seen a growing number of people in debt and unable to make their monthly minimum payments. This post is designed to help couples better understand their debts and find solutions in order to save both their finances and their marriages.
The Stresses of Debt on Married Life and What You Can Do To Resolve Your Financial Problems Married life certainly has its ups and downs, that's for sure. For most, those ups certainly outweigh the downs; then there are those couples just seem to have more problems with their marital status. Problems with other family members, kids and work certainly can produce a negative impact within a couple's relationships.However, one of the biggest contributing factors to an unhealthy marriage lies within the realms of personal finance. A recent survey conducted by the
American Institute of Public Accountants and Harris International discovered money issues cause, by far, more arguments with couples than more trivial problems. 27% of the couples surveyed stated that the vast majority of their arguments centered around their financial stability and concerns about money. Additionally, a 2009 study conducted by the University of Utah found that couples who have disputes about their finances at least once a week are 30% more likely to divorce. Now, those are some worrying statistics.
Read more ...
No comments:
Post a Comment