Is your relationship doomed?
While you and your partner are compatible in many areas of your life, it is possible to be financially incompatible. Ongoing financial problems can quickly put a strain on your relationship. As such, these are some red flags that you may keep a lookout for.
#1: YOUR PARTNER HIDES HIS OR HER CASH FLOW
What will you do if you find a receipt or a billing statement for a purchase that your significant other made? Moreover, he or she gets defensive every time you bring it up. Over-spending, lying, and hiding finances can destroy any relationship.
Your partner not only spends money without telling you, but also spends a portion of your joint savings and hides it. You can work through your financial issues by attending counseling together.
#2: YOUR PARTNER CONTROLS YOU THROUGH MONEY
One of the financial issues that counselors observe in a marriage is financial abuse. A spouse tries to control the other through money and allowance. This is more common for people who only have a single-income household. It is nice to have someone take care of financial matters, but decisions need to be made as a team.
Your spouse should not hang financial decisions over you once you are married. Consider seeking help before the situation becomes too serious to manage.
#3: YOUR PARTNER LIES ABOUT FINANCIAL MATTERS
One of the biggest red flags that you must watch out for is dishonesty about financial situations. From small instances such as hiding the amount spent on a dress to big instances such as hiding the amount of debt they have, lying about your bad financial situation and spending habits can hurt your relationship.
Lying sets a precedent for later in the marriage, and it is not a thing that you want to deal with.
#4: YOUR PARTNER HAS AN ADDICTION
It is tough to maintain the stability of your relationship when your partner has an addiction problem. From drug addiction to gambling or shopping addiction, you need to handle your financial issues as a team when addiction is involved.
These types of behaviors can affect your finances and destroy years of hard work. You should certainly see a counselor to work through your partner’s struggles with addiction.
#5: YOUR PARTNER DOES NOT PAY BILLS ON TIME
While everyone makes mistakes, it is a different story if your partner consistently pays his or her bills late. Does your partner notice? Does your partner care?
If you live together, this shows that your partner is not considering you or how unhealthy habits affect the relationship. Discuss this important matter with your partner.