Resolving Money Issues

When a relationship begins, one might be very casual and free about money. In the initial phases, both partners are extremely understanding and generous in money matters. The excitement of the new relationship makes one forget everything, and people divert money earmarked for other things in order to spend it on their partner. Expensive gifts and dates become very common at the beginning of a relationship. Initially, people make a lot of financial sacrifices. For example, one might just divert the money one saved to buy a new pair of jeans, in order to spend it on a date.

As the relationship progresses, the excitement slowly dies down and people realize that they can no longer spend as much. Money regains its value in our life and we start thinking in a more balanced way. Money issues usually crop us between partners who are married or are in some sort of a live-in relationship. In such issues, there are a number of daily expenses – food, water and all sorts of living expenses. Along with that you have monthly rent, monthly electricity bill and also other expenses such as clothes, etc. In such a relationship, it is only fair that the partners share the expenses, since both of them are living in the same house and consuming the resources. These matters sometimes lead to disaccord and subsequent problems. It is important to sort out the issues so as to ensure a healthy relationship and tension free life.

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Hence, when it comes to finances, talking about finances and planning things go a long way in preventing any type of disharmony. There should be understanding and compromises, and that will ensure that both partners lead a happy life.