During this difficult economic climate fighting over financial issues just seems to make matters worse, with worries of losing your home, loosing savings and with the high cost of living now are all huge factors, if you are not careful you could send your spouse running to his lawyer filing for divorce. The recession will put a lot of strain on relationships try to stay one step ahead and get to the bottom of your spending habits before you end up in the divorce courts.

A divorce lawyer said one-third of his clients want to file for divorce because of disagreements over money. However, he says his overall amount of divorce cases has not increased because some couples don’t have enough money to split up.

Breaking up is always hard to do, however it can get uglier during recessions, some people have had to resort to living back with their parents, due to the bad housing market and not being able to sell their marital home. I read one story where a couple was forced to continue living in their marital home for a while despite the fact they were legally separated.

Some couples, when faced with the ruinous financial consequences of divorce during this recession, may decide it’s cheaper to seek counseling and give it another go.

Dr. Eileen Borris asks couples to fill out “money autobiographies.” A series of questions help patients learn the roots of their financial decision-making. Dr. Borris says emotions including fear, depression and unworthiness can impact money matters. She says understanding the source of those emotions can help spouses learn to better compromise with each other.

If you are reading this article now on Divorce Diva chances are you are already past the stage of compromise with your partner, but for your next relationship we suggest a few steps, Get to know your credit history and if you have one, if you work with your new partner make sure you get a new business agreement drawn up, develop a pricing and timing schedule as to what to do with a marital home in the event of a divorce, and if you are selling do not advertise to the estate agent you are going through a divorce, as you don’t want them to know your desperate to sell as you will lose your selling power.

Source: AZ Central