Personal finance: Money can be a bullying weapon
One in 10 respondents say their spouse or partner is a financial bully, according to a recent survey by CreditKarma.com, a personal finance website based in San Francisco.
I am not surprised at the number of respondents who say they are bullied financially. I see it in relationships that have ended and the couple are trying to sort out who gets what, cutting off the funds is one way to bring things to a head and settle the relationship property.
If this is happening in your current relationship then it is not healthy and it needs to be dealt with.
Communication is the key. You need to understanding each others roles and contribution to the family, set some boundaries for household spending and most importantly realise that we each have our own personal beliefs arround money and they may not be the same as our partners, so compromise is required.
But as with any other type of bullying asking for help is always the hardest step to take.
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