Thursday, January 11, 2018

Money Woes and Marriage

Do you and your spouse fight about money? Nearly half of Americans (48 percent) who are married or living with a partner say they argue with the person over money, according to a survey of more than 1,000 people by The Cashlorette.

Most of those fights are about spending habits, with 60 percent saying that one person spends too much or the other is too cheap. The scary part: At least two studies show that this could lead to divorce. Data released Wednesday by financial firm TD Ameritrade found that 41 percent of divorced Gen Xers and 29 percent of Boomers say they ended their marriage due to disagreements about money.

The worst time to be doing this is early on in your relationship, watch out: That may be the No. 1 predictor of whether or not you’ll end up divorced, according to a study of more than 4,500 couples published in the journal Family Relationships.

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