5 Reasons Money Actually Does Matter In Every Relationship
posted on Nov 1, 2019 | 401 likes
5 Reasons Money Actually Does Matter In Every Relationship
There’s a popular saying “more money, more problems,” how true this statement is, is a matter of personal evaluation, and we’ll let you decide what it is for you.
Let’s look at it this way.
During weddings, birthdays, anniversaries, Valentine's day, or any other special day that means something to many of us, finding the perfect gift to show our partner just how much we love them, is not always the easiest thing to do.
In fact, deep down inside, we can’t help but think that the more expensive the gift, the more meaning it has; the more it shows we love and care.
But really, is that true?
Does the price tag on the gift show how much you love and care?
What about people who have a ton of money…do they have happier, healthier relationships?
Can money really buy love? Does money even matter in the relationship? What if we decide we don’t want money to matter, will that make any difference?
Well, as you can already tell from the headline of this post, money actually matters in EVERY relationship, although the emphasis is not on money, its role is very important.
We have 5 reasons to drive that point home.
Let’s dig in.
1. Relationships should be equal — and you need to decide what that means for you
Equality is a regular topic in relationship talks, and we believe that couples should be equal, but that means different things to different people.
When it comes to finance, some people think "equal" means an absolute 50/50 split, but often that's not always possible or realistic for a couple.
What if one person earns more and the other less? Why would they be forced to split things equally when it’s not convenient for both of them? They could easily design another pattern that works for them.
Money can become important when one party can't keep up with the other financially but is still expected to.
Knowing exactly what both partners are expected to contribute to a relationship is important to clarify, so no one ends up feeling exploited or out of their depth.
Lack or shortage of money only makes this understanding process harder.
2. You don't want to unexpectedly wake up to a dependent.
It’s important to know how much your partner earns/has.
Not that you have to quiz them on the second date and request for bank statements and all, but if you've been together for a while, and plan to stay together, or if you're planning to get married, you don't want to wake up one morning to a "Surprise! I'm broke!"
You should definitely support your partner in trying times, and have them do the same for you, but you don't want to wake up one day to someone simply expecting you to carry them.
Talk about it and appropriately plan to be financially stable in your relationship so that nobody feels duped.
3. It's too easy to fight about money
When there is shortage of money, it’s almost like there is an upsurge of needs, and with every request there’s a possibility of a misunderstanding – depending on the tone of voice.
If you don't pay proper attention to the way money functions within your relationship, it can be destructive.
Even before the down moments when there is little money coming in, you need to have cultivated an active communication culture that will be activated when there is shortage of money in the relationship.
If you don't communicate and have an open dialogue about your finances, you can very quickly find yourselves fighting about how the other spends money.
You use money every day. Money affects everything from where you live to what you have for breakfast. It's important to pay attention to it, and to make sure that you're clear enough in your financial discussions that it doesn't sneak up and cause unnecessary friction.
4. You need to have similar financial priorities
It is better to spend time understanding the financial personality of the person you are going into a relationship with, than to try to be in a relationship with someone where you will be constantly monitoring the other’s expenditures.
You need to as a matter of necessity, ensure that both of you are capable of being reasonable, considerate and intentional in spending. Talk about your everyday spending, and be able to communicate and have clear and similar goal towards savings in general.
For example, if you’re planning to save towards buying a new washing machine and one partner is always at a bar in the neighborhood, generously dropping N20k for his pals to drink up every weekend, then that is a clear mismatch of priority which is highly unsustainable.
5. You might have to be prepared to unexpectedly support someone
Hard truth is, with all the plans, communications, calculations and projections, there might be times when things will go south and you will have to unexpectedly support the other person in your relationship.
Things happen—people lose jobs, big bills need to be suddenly paid—and in these moments, you'll learn that your relationship is a financial partnership as much as a romantic and emotional one.
You need to understand that when it comes to money, if you're in a serious relationship, you're in it together. Their hard times are your hard times now, and vice versa.
You might even opt to take a quick loan to sort pressing needs that are lagging as a result of the shortcoming from your partner’s financial mishap.
That is where reputable financial services providers like Page Financials come in, to assist you with quick loans to sort pressing needs in record time.
In summary, money cannot buy love, showering someone with expensive gifts does not mean there’s a commensurate measure of love in that act, however, money is an essential element in every relationship that when managed well, can make it a smooth ride.
Every relationship should strive to have enough of money always. But when things happen faster than they should, you can take a quick loan of up to 5Million naira from Page. You don’t need any collateral to do that.
Just visit pagefinancials.com or call 016317243 to apply. You can reach customer service via email at customer@pagefinancials.com