3 Tips for Dealing with Romance and Finance

If you’re currently involved in a romantic relationship but are worried because of financial concerns, you absolutely must take action now. You absolutely cant let your financial problems cause problems in your relationship. In this article, we will discuss the 3 main rules of for dealing with romance and finance. Are you ready? Let’s begin.

1. Keep love and money separate. Money is one of the chief excuses people have for staying together in unhealthy relationships. Yet money issues are one of the top reasons for break-ups! So a lot of grief can be avoided by keeping love and money separate. While it seems obvious, this is one of the most overlooked areas of relationship. Separate love from money whenever possible, even to the point of splitting the restaurant bill. If you work on separating the finances, it will be much easier to separate from the romance. Start today.

2. Back away from current comingled financial contracts and entanglements. If you are already a joint account holder with this person, then one of my main tips is to not entangle your finances. For instance, did you buy a time share together? If so, sell it off, even if you hate to lose money as it just isn't worth it. Financial dependence breeds resentment, and eventually hostility. A lot of us want to find someone who can take care of us. Women in particular are trained for this dependency role.

3. If you want to break up, don't take their money or give them money. By nature, many of us tend to have rather poor impulse control, but there is a big difference between having SOME and having NONE. If the person you once adored has little to no impulse control, then avoid financial entanglement whenever possible. A lot of us think we can buy someone's love with our money, but this doesn't work. This not only includes the big-picture items like bank accounts and mortgages, but the little-snapshot items like lots of small $20 loans. It is the little stuff piling up in the background that sooner or later sets off a big bonfire of resentment and blame. Don't cave in to their pleas. And if you need money, then find another way to get it. Get a part-time job or find a way to make cash online if you must. Again, start today.

In conclusion, until you can take personal responsibility for your own financial house, you have no business being entangled with someone else's. Therefore, follow the 3 rules for love and romance and you’ll keep romance alive and thriving and your finances in order also.