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Do financial issues lead to divorce?

On Behalf of | Apr 12, 2021 | Divorce |

When you first get married in California, it might seem hard to believe that financial issues could drive you and your spouse apart. Unfortunately, financial issues are one of the leading causes of divorce in the United States. If you and your spouse can’t agree on your finances, you might be in for a rocky marriage.

What are some common financial issues that lead to divorce?

Some couples cause issues right away by spending too much on their wedding. Once the wedding is over, they might realize that they’re deep in debt or don’t have enough money to maintain their ideal lifestyle. If they can’t get on top of their finances, the resulting conflicts might put a strain on their marriage.

Others make the mistake of pooling all their money into a joint account. This makes it hard to differentiate between your money and your spouse’s. If you and your spouse check with each other before making a purchase, this might not be an issue. However, if your spouse keeps making large purchases, you might feel like they’re wasting your hard-earned money. Overspending can lead to divorce if it gets out of hand.

Even if you have a lot of disposable income, you might start to argue if your spouse makes large purchases without consulting you first. Over time, you might even start to feel like you can’t trust your spouse. This could lead to a conversation with a divorce attorney.

When does overspending become an issue?

Every married couple has arguments at some point. However, if you have serious resentment toward your spouse, you might want to think about talking to a divorce attorney. They might be able to suggest alternatives like seeking marriage counseling. You might also want to attend financial counseling so your spouse can learn how to manage money.