“Is it dumb to trust the man you love? Is it dumb to believe him when he promises that he’ll be there for you no matter what?” ~Melanie Barnett
“It ain’t about whether you truth them. The only kind of trust that matters is a trust deed or a trust fund.” ~Tasha Mack
Season 1, Disk 3, Episode 2
At some point I thought that trust was enough to keep a relationship intact. The hopeless romantic in me genuinely thought that love and trust would always prevail in relationships. Unfortunately, reality has partially destroyed my idea of this ideal, semi-unrealistic world. There are so many people that enter relationships because of the possibility of gaining money, status, fame, etc. In today’s society, how does someone who is relatively wealthy or famous enter a relationship with someone that doesn’t have as many material/worldly goods, without thinking this new partner is in it to win it? Are pre-nuptual agreements more and more common? What would you think if your significant other required you to sign a pre-nup? If you are married or in a serious long-term relationship, how do you handle your household’s finances? Do you have completely separate accounts? One single account? Or one joint account for household expenses and personal accounts which you can use as you please? Is this method working well? Has it evolved over time?
A growing number of divorces are due to financial differences, whether it’s differences in current/future (even perceived) wealth, spending/saving habits and/or financial infidelity. Financial infidelity is when your partner is not being truthful about how they are handling the households finances. I am a huge saver and I like to spend when needed and on things that I feel will add value to my life (Travel, Education, small Luxuries). I can't see myself being with a person that is a huge spender because financial security is high on my priority list.
What would you do if you find out your partner has been committing financial infidelity. What if they are gambling your mutual money away? Spending money on things that you do not approve of? Not paying the bills on time or at all? Saving large sums of money without telling you (especially if you are struggling with your personal finances)? Would you feel betrayed/used? Would it be easy for you to trust him/her in the future with money? Would you consider splitting up?
How does money affect your relationship?
More on Financial Infidelity
More on Prenuptual Agreements
2 comments:
Great article and important questions!
I believe in financial independence! Keeping personal accounts separate and one mutual for common expenses should be the norm in the case of married couples.
Thanks for reading and for posting your comments Star Vine!
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