We are working remotely during these trying times to make sure we can still support you in all your legal matters.
Please know you can call us or schedule online appointments for any of your legal matters. Be well and stay safe.
Deitch & Perone, P.C. | Attorneys At Law
Monmouth & Ocean County Area
Union & Middlesex County Area

Frequent fights about money a warning sign for divorce

All married couples in New Jersey will have occasional disagreements about money, but persistent arguments about finances could undermine a relationship entirely. A university study identified financial disputes as a leading indicator that a couple was headed for divorce. People who fought regularly about their finances had a 30 percent greater chance of seeking divorce.

Money problems typically involve debt that strains the spouses' budget. A survey commissioned by Fidelity found that over half of couples bring debts into their marriages. Among respondents, 40 percent acknowledged that owing debts created marital conflict. Spouses often blame each other for the debt, and their hostile feelings tend to weaken their ability to communicate about important issues.

Spending habits and choices also strain some relationships when people cannot agree on financial priorities. A spouse might even make a major purchase like a new car in the hope of mending a relationship. The person might think that unhappiness stems from driving an old car, but the new car payment just burdens marital finances even more. Couples who recognize the stress of financial pressure might still resist discussing reasonable solutions because they fear looking like failures to their social circle. They may keep their expensive cars and country club or gym memberships instead of reining in their spending.

Although financial or relationship counseling has the potential to resolve marital conflicts, sometimes a person sees divorce as the only way forward. When choosing to end a marriage, a person may talk to an attorney and learn what the process could involve. An attorney may explain how the law could determine the division of marital assets and debts. Legal advice might help a person understand the short- and long-term consequences of certain decisions before agreeing to a divorce settlement.

No Comments

Leave a comment
Comment Information

Learn How We Can Help

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Email Us For A Response

Our Office Locations

Deitch & Perone, P.c.
265 Highway 36
Suite 203
West Long Branch, NJ 07764

Phone: 732-440-9887
West Long Branch Law Office Map

Scotch Plains Office
1812 Front Street
Scotch Plains, NJ 07076

Phone: 732-440-9887
Map & Directions