This page features timely information as well as special workshops and seminars presented by our members.
By Sandy Plone, Ph.D.
HITCHED OR DITCHED?
….”Passion often blinds sweethearts to the
fact that matrimony is (actually) a contract”
FINANCIAL DIFFERENCES. These differences rank among
the greatest sources of marital difficulties, partly because discussing
money before the wedding makes couples uncomfortable. They may fear
it could indicate a lack of trust, or that a prenuptial agreement
could be a self-fulfilling prophecy for breaking up.
Experts say the opposite is true; spouses who bicker
about finances in the early stages of their marriage may very well
be talking about the same issues in divorce court later, according
to Tina Tessina, author of “Money, Sex & Kids: Stop
Fighting About the Three Things That Can Ruin Your Marriage”.
KNOW THE HISTORY ~~ each partner should have an understanding of the other partner’s (financial) experiences and the possible motivation behind their behaviors.
AIR THE LAUNDRY~~ sometimes that means trading credit reports, which might reveal important difference in spending habits so that intelligent decisions can be made regarding how to handle finances.
SET YOUR GOALS~~this may get into establishing parameters about how couples want to live, and what they want to achieve in the future, or a more detailed way of exploring values.
GET IT IN WRITING~~prenuptial agreements are written
contracts spelling out the division of assets and future earnings
if a marriage fails; some couples consider these documents too unromantic
and would never marry anyone who would suggest it, For other couples
who may have children from previous marriages or a large disparity
in assets (or separate property) it can be very helpful. It takes
the money out of the relationship by acknowledging the potential issues.
Copyright Independent Psychotherapy Network ©2008