Cab Debt be the Death of Marriage?

money - the song "it's not about the money, money, money, just wanna make the world dance forget about the pricetag." 
NOPE. Sorry i beg to disagree because it is most of the time that money is a big issue and a big big problem. Right? It is our living, we feed by it; it has a lot of things to do and to be done.
Philippines
June 16, 2012 2:01pm CST
How does money affect marriages? It can be a real point of disagreement. Couples can be in conflict when one wants to buy and the other wants to save. Unpaid bills creates stress, especially when one partner blames his or her mate for running the family account into the red. Financial hardships fray nerves. An old proverb states that "when poverty comes in the door, love flies out the window." What is your stand?
1 person likes this
3 responses
• United States
16 Jun 12
Before Randy and I got married we obtained copies of our credit reports and looked at them carefully because there is fraud out there. We found that his ex wife was opening credit using his information and she had defaulted. We had to seek legal advice because we were not sure how to remove these debts from his credit report. A lawyer told us that what his ex had done was illegal and the attorney told us how to write letters to all three credit bureaus and to also give a copy of the divorce decreee to prove that Randy was not married. I am glad that we both got copies because we were able to find out wha his ex did and could clean it up. I also got a copy of mine and negotiated how to pay it off. The only thing on my credt report ate my student loans (which I am paying off one of them). I think it is important to be honest and up front about finances and to also decide who will be the finacial person when you get married.
1 person likes this
• Philippines
19 Jun 12
It is good to hear from you knowing that things really happen that way though it is a sad part for you that it happened to you. well, it be a lesson learned for me. Indeed, it was great knowing that you were able to solve the problem at the end . It is definitely a good way checking your accounts from time to time. You sit around a table and take a look at it.
@easlydun (70)
16 Jun 12
yes that is correct it can be very stressful on a family not everyone is to blame though and some more than others, i think you need both trust and the ability to pay the bills before playtime and say no to those who have fallen for they will only drag you down, there is no friendship when it comes to money !
1 person likes this
• Philippines
1 Jul 12
yes, trust is very much vital and essential. both should also need to work harder. thanks much for sharing your thoughts with us. we really value it
@chan2zexy (508)
• Philippines
18 Jun 12
I have read one book written by Chinkee Tan about financial management for couples. They, him and his wife, have their own 3,000 pesos (that's about 70 US dollars) allowance each month that they can spend any way they can, with no questions asked. It's their way of showing care and respect for their other half. The amount by the way is taken from their monthly budget, after setting aside the amount for their savings. If people were more cooperating and talks to each other more, this is really achievable. No marriage fights regarding monetary concerns will occur I guess.
• Philippines
29 Jun 12
i get your point. maybe sometimes in the life of being married, one should have its own private ways such as doing things he/she likes the most. life is not about being committing your all to someone - you should leave something private in you. married life should have respect with their loved one's likes, dislikes and even decisions.