Money and Marriage.

Undoubtedly, the search of family happiness revolves heavily around money. Like in many other nations, financial issues in marriages are a common source of conflict in Nigeria. I am here to participate in this challenges, to clarify the role of money in family happiness, identify common money-related problems among couples, suggest conflict resolution techniques when one partner adopts a "my money is my money" mentality, discuss the idea of financial submission, and provide solutions to marriages with money issues.

The Central role of Money in Family Happiness

Money is central to family happiness, The power of money to offer security, stability, and a higher standard of living acts as the basis for family happiness.
Couples that are financially secure are better equipped to take care of their fundamental requirements, make educational investments for their kids, make long-term plans, and create possibilities for both individual and group development. Adequate financial means can reduce anxiety, boost self-assurance, and foster a sense of wellbeing within the family.

Common Related Issues Among Couples

pixels

1. Differing Financial Priorities: Couples frequently disagree on how money should be spent, which can cause arguments and disputes.
2. Income Inequality: Differences in income can give rise to power struggles and emotions of inequality in a relationship.
3. Poor Financial Planning and Communication: Financial mismanagement can result from poor financial planning, poor communication, and inability to establish common financial goals.

Dealing with the mindset of 'Your money is our money but my money is my money'. In Marriage

It takes open and honest dialogue to address a situation when one partner feels that their money is separately owned. It is crucial to foster an atmosphere of respect, understanding, and shared accountability. In order to develop shared financial objectives, budgeting techniques, and an equitable division of financial obligations, couples should have a constructive conversation. Getting expert guidance from a marriage therapist or financial counselor can offer a neutral setting for these discussions.

In your opinion, is a wife obligated to submit her salary to her husband at the end of each month? Or should it be the other way round.

In my own opinion, the circumstances of each relationship must be considered when determining whether a wife should submit her salary earning to her husband or the other way around. It is crucial to build a sense of partnership, where both couples contribute in accordance with their skills and established agreements, rather than focusing on fixed gender roles. Shared agreement and respect for one another's autonomy should be the cornerstones of any choice to pool resources or divide pay.

Why is money such a big issue in marriage? what are the measures to take to mitigate this problem

• Establish regular financial conversations to address issues, create objectives, and reach choices together.
• Create a joint financial strategy that accounts for immediate requirements, long-term objectives, and emergency money.
• Transparency and accountability are fostered through disclosing financial data, such as debts, income, and expenses.
• Encourage financial knowledge and teach one another how to set aside money and invest it.
  To negotiate tricky financial situations, think about getting expert guidance from financial planners or marriage therapists.

Conclusion

It is important to recognize the importance of money in family happiness since it helps maintain marital harmony. Couples can overcome financial obstacles and lay a strong basis for a happy and profitable marriage by addressing common money-related concerns, encouraging open communication, and coming up with solutions that benefit both parties.

I'd like to thank @manuelhooks for hosting this contest; I've learned a lot while creating this contents.

I will like to invite @bensam2040 @pygmalion34
@akareen.

Written by @emultiplex

Cc: @Steem4Nigeria