After you marry, every asset either of you acquires is jointly held. That’s why you both need to be in sync on your long-term financial goals, from paying off the mortgage to putting away for retirement. Ideally, you should talk about all this before you wed. If you don’t, you can end up deeply frustrated and financially spent. ~ Suze Orman ~ [Source]
Marriage is like a business whereby both are willing to work at it. It take two to clap and if neither is willing to settle for a compromise, then it isn’t working. Often, divorcing because of monetary issues is a sad end to a marriage because both are adults and squabbling about money because of differences affects the children too. Unless it’s about worsening gambling issues.
photo credit: -AroFarMeR-
An interesting case is that staying married means the wealth can be more than what being single means. However, if one marries a rich person just because of money, the ugly name calling starts and one doesn’t to be in the bad light for long.
Treating marriage like a business for too much without any feelings will also make it feel fake. Obviously, you didn’t just marry your partner without love and care. Sometimes, being a business owner can hurt your marrige. You work so hard to make money but neglecting them in the end can make things worse.
As always, the issue of money in any marriage is one that causes fights when mishandled.
How did you handle your marriage to make it run like a prospering business?
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