How Do You Know You Are Dating a Man with Financial Problems and What Can You Do for That?

There are many problems and disagreements you will run into in any relationship. One of the biggest issues you might face may have to do with money. From not saving enough to not agreeing on what to spend, dating a guy with financial problems might be a deal breaker for you. Before you decide to end the relationship, consider these tips on how to deal with a guy who seems to be on a different financial page with you if you think you are good for each other in other aspects.

HealthReviews.club

1. His Debt Is Not Being Managed

You’d be hard to find someone who didn’t have some debt they are paying off. From credit cards to student loan debt, having a manageable amount of debt is perfectly fine. However, if the guy you are dating has more debt than he can pay off, this is a sign of trouble. Even worse is, if he has a significant amount of debt and has no plan to pay it off.

What Should You Do?

Just because he has a major amount of debt doesn’t mean you need to end the relationship. Instead, come up with a budget and financial plan together that will help reduce the debt. Tackle the issues of how they got into so much debt and the best way to pay it off.

2. He Has No Spending Limit

As soon as he has any money, it is gone. Whether it’s on some new technology, hanging out with the guys or going out to a nice dinner, he spends money without a second thought. He has no limit to his spending and tends to overspend which can be lead to a major strain on the relationship.

What Should You Do?

Spending money he doesn’t necessarily have can be because of a number of reasons. If you are dating a guy with financial problems, the first step to take is to let him know that his spending habits do not make you feel comfortable. Then you want to have a serious conversation about why he spends so much. Most overspending is due to some form of emotional gratification he gains from spending. If you can figure out the emotional reason, you can begin to come up with alternative ways for him to achieve this same emotional satisfaction.

3. Your Views on Money and Spending Are Different

He is constantly spending money while you are more worried about saving. While you don’t have to agree fully on how you both spend your money, if you have completely opposite views on money, this can lead to a number of relationship problems.

What Should You Do?

You don’t need to put one person in charge of the finances, but set up a budget where you each contribute an equal share to the household bills and savings. Setting up a limit of how much of the money is yours or his to spend freely and an amount that goes towards both the bills can help you come to a mutual agreement on what should and should not be spent.

Any information published on this website is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment.
All content, including text, graphics, images and information, contained on or available through this website is for general information purposes only.
You should not take any action before consulting with a healthcare professional.