We learn about money in school, but not about how to talk about it — and yet, it’s one of the biggest reasons why people argue in relationships.
Money issues are so troublesome that people who say they’re experiencing stress in their relationship cite finances as the number one reason. Giving that money conflicts are often cited as a prime reason for divorce, it would be good to talk about it.
In this article, you will find out the reasons your partner is not sharing money-related information with you.
1. Bad money manager:
The most common and unknown reason why spouses do not tell their partner about money is that they feel pressured to handle it even though they are not adept at it. Under social pressure to provide and plan for the future, they make investing mistakes, losing money in the procedure. This insecurity is often hidden behind a wall of silence.
2. Power struggle:
In many relationships, power plays are often centered on money. Power plays often occur in one of these four scenarios:
• One partner has a paid job and the other doesn't.
• One spouse earns considerably more than the other.
• One partner comes from a family that has money and the other doesn't.
In this kind of situation, the one who makes or has the most money often wants to retain control over how the money is spent and saved.
3. To avoid unnecessary billing:
Most people believe that keeping away information on income they receive is the best because once their partner knows they have extra cash, impromptu demands start arising.
4. To avoid getting into trouble:
Most often, they’re simply trying to avoid getting into a fight over money. If the woman earns more and she doesn’t want the man to feel threatened, she can decide to be secretive about her earning.
Sometimes, the reason one partner fears that the other won’t approve of their spending isn’t the amount of money involved; it’s what they spent that money on. People may hide their spending because they’re trying to cover up a costly bad habit, such as excessive drinking, gambling, drug use, a sexual affair, or shopping addiction.
Is it wrong to hide money from your partner?
Yes, it is wrong. But there are certain cases when it's a good idea to hide money or accounts. If a partner tends to be dishonest or manipulative, it can be necessary and wise to have secret money set aside.
Content created and supplied by: Upzy (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More