3 ways that financial issues can lead to divorce 

On Behalf of | Jul 18, 2023 | Divorce

Money issues often cause friction between couples. They can even lead to divorce. Along with infidelity, money is one of the main things that people talk about when mentioning why they decided to end their marriage.

But how does this happen? It’s important to know what issues may lead to divorce so that you can be prepared. Here are three examples of situations that can create this type of financial stress.

1. Lack of communication

One of the issues is that people just don’t communicate effectively. They view talking about money as a negative thing. They avoid it. But this lack of communication can just make the problem worse. Couples are certainly better off talking about the financial troubles they’re having and trying to seek solutions.

2. Secret spending

Another potential issue is when one person is spending secretly and keeping that information to themselves. This can ruin a family’s budget. It often happens when someone is dealing with an addiction, such as a drug addiction or a gambling addiction. But there are also other types of frivolous spending, such as simply using money the family needs to make ends meet on unnecessary purchases.

3. Forgetting about the relationship

In some cases, couples just prioritize making money over their own relationship. They spend more time at work, trying to seek this financial security. But their personal relationship erodes as they do so because they are not spending enough time together.

At The Law Firm of Poppe & Associates, PLLC, our focus is relentless advocacy for our clients. If you or someone you know is considering divorce, reach out to schedule a consultation at 646-665-3903 or by contacting us online.

Let Me Be Your Brave

Mia Poppe, Esq.

Mia Poppe, Esq.

Managing Partner