His money.. her money
HT reader Kanchan Maslekar on couples affected by financial problems.india Updated: Jan 21, 2009 16:47 IST
Couples who face financial problems, often end up arguing and fighting. This leads to a feeling of frustration, causing stress in the relationship.
“Money isn’t of prime importance in a relationship, but financial constraints put a strain on it,” says Madhu Sancheti, a writer.
“When you have an unstable income or you are in danger of losing your job, you worry about the future,” says software engineer Prathamesh Patil. “Your family becomes a burden.” He adds, “But singles are not as worried about money becoming a major relationship issue.”
There’s a myth that the wife always splurges on clothes and accessories. Urmilla Bhatt, a housewife disagrees: “My husband spends lavishly on branded clothes, exotic food and expensive gifts. When he’s short of money, he has no qualms about borrowing money from friends and family, to buy unaffordable stuff. That’s the main reason for our fights.
When two or more family members pool in their money to take care of the family expenses, and if one doesn’t keep a track of the expenses, then it’s inevitable that one of them will be dissatisfied. Mihika Mahendran, a marketing consultant, says, “Often, we are burdened by our problems but we don’t share them with our partners. But it’s better to do that than pretend that these problems don’t exist.”
Smart couples talk about money all the time and plan their finances toget her. This helps to gauge one’s partner’s opinions on money matters. Many people find it difficult to bring up the touchy subject of money with their partners.