We all know that some of the biggest issues in relationships include housework, sex, kids, and money.
So here’s an interesting infographic that shows you eight eye-opening findings of money and relationships.
Secret spending, hidden bank accounts, differences in approaches to saving and bad spending habits are some of the biggest deal-breakers when it comes to money and relationships.
The infographic is based on data from the U.S., though it’s likely they statistics are pretty similar in most western countries.
Check out the infographic below. Can you relate to any of these findings in your relationship?
The eight findings of money and relationships are:
- Finances are the leading cause of relationship stress:
35% of people said stress about money is one of the leading causes of stress in their relationship. This is 10% more than the 25% of people that said annoying partner habits created stress.
- Partner has different saving and spending habits:
35% of individuals in a couple said they are the savers, and their partner is the spender in their relationship. 47% of people said they had different spending habits from their partner.
- Partners believe no consultation is needed:
35% of people said they don’t consult with their partner on large purchases.
- Hiding money rather than arguing about it:
1 in 5 people said they had spent money and not told their partner.
- Keeping money secrets:
6% of people said they maintain secret accounts or credit cards.
- Saving is sexy:
55% of people believe a strong budget and saving strategy was the most appealing money-related quality when choosing a relationship partner.
- A similar approach to money and budgeting is attractive:
75 % of people say it’s moderate to highly important to find a partner who has a similar approach to money and budgeting.
- Bad spending habits increase fights
33% of people said that their money-related fights tend to be about spending, rather than saving habits.
Do you need relationship help?
Since 2003, Clinton Power has helped thousands of couples and individuals as a counsellor and psychotherapist in private practice in Sydney and online in Australia. Clinton regularly comments in the media on issues of relationships and has appeared on Channel 7, The Sydney Morning Herald, and ABC Radio. Clinton’s eBook, 31 Days to Build a Better Relationship is available through his website or Amazon. Click here to take Clinton’s relationship checkup quiz to find out how well you know your partner.