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Financial Compatibility: Till Debt Do Us Part

By QUEENNETH AIKHIONBARE

ONE in three couples are financially incompatible She might not like his friends, he can’t stand her compulsive cleaning, but it’s usually financial incompatibility that’s the clincher when it comes to couple’s relationship doubts .And that’s bad news for Nigerian couples because research even judging from the economic condition, has revealed that close to a third of them are not financially compatible. At best , they are suffering their partner’s bad money habits, or meager income’
in resentful silence and, at worst, they compactly spend time arguing about it.


For more than one in ten of women, the bigger relationship gripe is that their partner is financially disorganized due to unfaithfulness, side attraction, unnecessary image boosting or face saving, and do not keep track of where the money goes. This complaint is borne out of a finding that 68% of women are responsible for looking after household bills.


Men on the other hand, complain that women are all too eager to loosen the purse strings and spend too much cash on the latest clothes and jewelries yet generously, three quarters of men completely trust their partner when it comes to money (compared with only 67% of women).


Financial disorganisation is a bigger problem than most people realize. Both partners assume the other will take responsibility for household bills and subsequently, nothing gets paid on time.’


The deciding factors when it comes to financial compatibility, according to some experts, are how well couples communicate about money and their level of respect for each other on all
things fiscal.


An expert researcher/psychologist Dr. Wilson divided a measure of couple’s financial compatibility into four.


*You have the fiscal friends; more than half 56% of couples fall within this group. These are partners who regularly discuss their finances and make plans for the future. The biggest gripe among this group that one in ten are uncomfortable with their partner either spending too much or being a bit miserly
*There is the “cash calamities” group quarter (25%) of couples fall into this category; however money poses a real problem for these people who tend to bury their heads in the sand and hope that all things financial will simply go away.


*A further 12% can be labeled the “Dosh Delegators” couples in these categories manage to get on perfectly well, despite failing to talk much about money. The only hiccup within this group is that there could be an unexpected change in finances catching the them on the hop.


*The final group is the “Money Moaners” – this is about 7%. These couples talk about money more than most. But most conversations usually end in an argument.


Which group are you in? How financially compatible a couple is has a strong correlation with overall happiness in a relationship


Money rnanagement is not as big an issue for men as it is for women. While most men are still happy in their relationship even if they disapprove of their partners’ financial habits, it is more important for women’s overall relationship satisfaction to have a positive view of their partners’ money management.




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