Money is a point of contention for many couples. It’s notorious for causing conflicts and ruining relationships. The problem? “Money is very central to people’s identity,” according to Jonathan Rich, Ph.D, psychologist and author of The Couple’s Guide to Love & Money.
It can represent everything from status to success to even self-worth, he said. And partners have the power to influence each other’s finances, which can trigger arguments and anger, he added.
It also can reveal underlying problems between spouses. “If a couple lacks trust and has difficulty working together, these conflicts always play out financially,” Rich said.
To make matters worse, our shaky economy can create or perpetuate stress. “With the current economy, financial stress is a huge issue and it can easily divide a couple and lead to blame,” he said.
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I am Bi Polar, and we all know what 99% of Bi Polar people do~~~Impulsive Spending~~~ for me it’s buying fabric, notions, and sewing machines that stay in the trunk of my car until my husband goes to sleep at night or buying concert tickets for me and all my friends in other state (boy that Ambien has gotten me in a lot of trouble) My husband now puts me on the 24 Hour Rule. I have to wait 24 hours between seeing something and purchasing something, I would have to say simply HIDING the credit card from ME has probably been the most effective tool. Desiree Cart Dugas