Bad Relationship Warning Signs

Written by admin on January 17, 2011 – 12:48 pm -

Money is routinely cited as one of the top causes of fights in marriage and one of the top causes of bad relationships and divorce. So here are five questions to find out if your partner has trouble with money.

1. Does your partner always insist on picking up the check at a big dinner and/or throw down his or her credit card without even looking at the bill?

While this could be a sign of innate generosity – it could also be a warning sign of a bad relationship for someone who is trying to show off and is doing so by living beyond their means thanks to the “friendly” help of credit cards. My experience has been that financially fit individuals – no matter how much or how little money they have – take the time to review bills before paying for them. A cavalier attitude towards that dinner bill may be an indication of a cavalier attitude towards money in general.

2. Does your partner have a large but sparsely furnished apartment / home?

While it’s possible that your partner is just waiting for his or her “personal design sensibility” to present itself… more likely than not it’s a financial warning sign that you’ve got a case of what’s called down in Texas “Big Hat, No Cattle.” A phrase made popular in the wonderful book The Millionaire Next Door, it highlights a sad but true phenomenon. In today’s credit driven society, the guy with the big house or flashy car OR the gal with the four-digit handbag and the three-digit stilettos may well be presenting an exterior image that bears no resemblance to their true economic reality.

3. Does your partner avoid answering calls on his or her phone?

It’s possible it’s just mom checking in to see how the day is going… but
then again, it’s also possible that it’s bill collectors calling to find out when your partner is going to make good on that car payment, mortgage, credit card or other outstanding debts.

4. Does your partner lease his or her car?

Think about it, what’s the sales pitch for leasing – it’s “hey you can get more car for less money than if you buy outright!” As one of my all time favorite financial gurus, Dave Ramsey says, it should be called “fleecing” not leasing.  In financial matters, when it sounds too good to be true, it usually is.

5. Does your partner ask you to co-sign or buy things in your name with promises to pay you back? Baring a life or death emergency, why would a financially responsible person ever ask their significant other to do this? This may be the clearest sign of all that your partner is hiding something.

Are there any other warning signs that you would add to this list?

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