I started freelance writing and am contributing to Dimespring. Dimespring is a community of people with varied backgrounds and interests in personal finance, sharing their unique points of view and advice to help you make better decisions with your money when tackling life’s financial hurdles.
The Beatles had it wrong in their hit record, “Love Is All You Need.” Don’t get me wrong, love is absolutely essential in a relationship, but there is strong evidence and data to show that financial stress is the leading cause of divorce in this country. A study done by the University of Utah showed that couples who reported disagreeing about finances once a week were more than 30 percent more likely to get divorced than couples who reported disagreeing about finances a few times a month.
Not only that, but the frequency of financial disagreements is a strong predictor of divorce. I think many of us know or should know this, but when initiating a relationship love causes us to ignore the financial state-of-being of our relationships.
When my wife and I first met..…….[For the full post, go to DimeSpring or click here]
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Exactly. When I show property/investments to couples, I prefer to give them BOTH a 1 page “survey” to complete SEPARATELY. I want to see couples on the same page before I move them forward with such a major step as real estate. I’ve actually pointed many to my http://mentoringmarriages.wordpress.com/ which I see as my unpaid 2nd career – giving the same help you just did to married folks so oft taken for granted.
How did you get hired on with DimeSpring. It looks like a great site and community!
Brick By Brick Investing | Marvin recently posted..Why You Don’t Need An Emergency Fund
Great article. The University of Utah study was very interesting. I was suprised to see the 30% rate for divorces.
Brett @ wstreetstocks recently posted..Will the FB rally continue?
Congrats on becoming a freelance writer, I always thought the financial issues divorce rate was in the 50 percentiles. OK will read into the article.
RichUncle EL recently posted..What makes your World go Round?
Completely agree to you! Although love is essential, our age nowadays is more of practicality. We can’t live merely just because of “love”. We need to earn for our needs. It’s just sad that most of married couple failed to settle financial issues, this is why it leads to separation. It’s just money, but admit it we can’t live without it.
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