Preview

Money in Marriage

Good Essays
Open Document
Open Document
1132 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Money in Marriage
Money is a vital component for a sustainable and harmony life. Knowing the main function of money in marriage is important for a successful marriage. According to (Loh,2012) a research by Smart Money magazine, cited by shows that 70% of spouses surveyed discuss about money no less than one weekly while 36% of men and 40% of women confess that they lied to their couple about their spending. Many couples do not aware about the importance of money. The ability to pay household and utility bills, the tendency to ensure the children get their rights as well as the chance to have a comfortable and sustainable living are therefore, the importance of money in marriage.

One of the reasons why money is important in marriage is to pay household and utility bills. Just like how organizations have their organization’s financial details each year to trace how they spend their money to pay for things married couples also need to record their expenditure and examined them monthly. (Eugene, 2009). A couples need to distribute their money to pay the energy, electrical and telecommunication bills. Electricity is necessary to run all home utilities such as refrigerator, television, radio, including hot water heaters and water pump that allow toilet to work. Besides electrical bills a telecommunication bills also need to be managed well so that we can ensure smooth communication between a family members. The example of communication utilities is such as encompass telephone, satellite television service and Internet service. For instance communication utilities such as internet can be used by the family members especially children who are still study to find information, communicate with their friend, and sharing their opinion. A married couple also need to allocate their money for the household food budget. The monthly budget for the food and groceries of the house should be managed accurately. “It is significant to give them with a healthy-balanced diet and encourage them to work

You May Also Find These Documents Helpful

  • Better Essays

    If a person traveled back in time and observed a couple, he might see a women sitting at home cooking a large meal for her ten children and husband to arrive home to. In today’s era, both parents in a relationship are working. This economic change leads to both partners feeling financially independent and stabile. When marriage arises, generally both partners’ income is combined. Between two people, two incomes, they become even more financially stable, as opposed to one income each. If two were to divorce, then situations may become sticky financially because each partner pays for a lawyer, and every possession becomes divided in half. Marriage comes with good financial perks such as, couples receive more tax benefits filling jointly, two incomes as opposed to one, and split bills. But with good comes bad, like the money spent on the wedding, first home, or in some cases divorce…

    • 1208 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    According to the article “Satni-Knamose And The Afterworld”, explains that money is not the most important things in a person’s life. Maybe money can buys a lot of things,…

    • 198 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    According to the data from the General Social Survey, money (INCOME06) matters for happiness (HAPPY) and love (HAPMAR). Additionally, the total family income (INCOME06) matters more for the General Happiness (HAPPY) measure than it does for the Happy Marriage (HAPMAR)…

    • 221 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    I selected the family AO which is based on personal acquaintance for this project. I will complete a comprehensive analysis using the criteria that I will be describing in details in the proceeding paragraphs. This criteria includes description of the nuclear family form; demographic trends; sociocultural data. Genogram and ecomap; environment; communication; power structure; role structure, values, spiritual activities; socialization; adaptation and healthcare. “The nuclear family, consist of a husband provider, a wife homemaker and children. Two growing variations within nuclear families are dual-earner/ dual-career and the childless family. In dual-earner families, the major challenges focus on managing housework and child care; having two paid jobs and family relationship. Women, according to numerous studies, still do the lion’s share of family…

    • 2215 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Marriage and Taxes

    • 316 Words
    • 2 Pages

    Some of the factors that can result a difference in the taxes would be based on your itemized deductions. Examples a itemized deductions are mortgages that you own, have done any charitable donations, medical expenses, Long-term care services, and relocating for new employment.…

    • 316 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Com/172 Week 2

    • 419 Words
    • 2 Pages

    Struggling to pay for their basic minimum expenses causes problems which can lead to couple’s filing for a divorce, relocating to a new house, finding a new job, etc.…

    • 419 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    To have a successful and lasting marriage, the individuals involved must lay a foundation consisting of key components to make it last. A format and set of rules must be followed or established in order to make it a success. Sadly, today, because of the current high divorce rate, which is about 50%, couples constantly face marriage problems and marriage issues constantly arise. In unhappy couples the main focus is mainly on reciprocating negatively, in which a positive end-result is hard to procure. While on the other end of the spectrum, in happy couples, the main focus is to progress and to incorporate benchmarks to grow more as one. It’s the emotional feelings invested that will generate a positive outcome if a proper foundation of components is laid out from the beginning. The main focus throughout this paper will be to discuss how a successful marriage is achieved and the key components needed to achieve such a task.…

    • 2100 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Taming The Shrew Women

    • 716 Words
    • 3 Pages

    When it comes down to marriage and money, the men treat it to what would be equivalent to a business…

    • 716 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Marriage and Money

    • 1079 Words
    • 5 Pages

    Imagine growing up and never finding that perfect someone. Now imagine two people meeting and one of the two people thought that the other person was so great that they thought the other was their "perfect" someone. What if the decision of the two ever becoming a couple was not up to you, but up to your particular social status? Is it reasonable to base who you will marry clearly on the bases of ones personal wealth or social status? The answers to these questions can only be answered by your own morals and how important social status is to you. Everyone has a choice, why does it matter as long as there is love?…

    • 1079 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    ‘Property’ within a marriage has a broad definition that includes homes, bank accounts, shares and household goods. Disputes arising from the distribution of property are frequent when relationships…

    • 1148 Words
    • 33 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Money is the motivating factor for most people nowadays and people will do almost anything to get it. Increasing your wealth has become a necessity in today’s materialistic society and continues to spread. People…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Cause and Effect Essay

    • 953 Words
    • 4 Pages

    Money is a necessary commodity for survival. Once acquired it should be used wisely. In fact, keeping a personal budget should be a priority. Most people are not aware of the effects they will face during their life, when they do not keep a personal budget. Most people are generally thrown into the real world when it comes to spending money. Some people are not concerned with the amounts they spend. The effects of not keeping a personal budget can be, but are not limited to not having any saving for unexpected expenses, going into debt or bankruptcy, causing intensified stress on a household, and the lack of responsibility which causes over spending.…

    • 953 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    stability

    • 32008 Words
    • 129 Pages

    W H Y I S I T I M P O R TA N T…

    • 32008 Words
    • 129 Pages
    Powerful Essays
  • Satisfactory Essays

    Attitudes Toward Money

    • 252 Words
    • 2 Pages

    There is one item that everyone uses and many have very strong feeling for it,money. Money can affect issues such as well-being, safety, self-esteem, and even something as personal as a career or relationship choice. There are many factors that can contribute to an individual’s attitude toward money, such as economic standings, culture, upbringing, and most importantly the individual’s personal definition of financial success. When asking about the definition of financial success, some responses will sound similar to, being debt free and providing for the family. Although, to many financial success means providing for love ones, others have a very different definition. Another popular defining is,to live without a tight budget and be able to afford luxury items and vacations. These different expectations of money cause several different attitudes toward money. Money may be universal but the way people feel about it is not.…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Letter to the Editor

    • 349 Words
    • 2 Pages

    In my opinion, a problem of managing money is very important. Especially that is in our country, because many people in Russia have financial difficulties. It is possible to say that better dealing with money may help people to live better. Moreover, it is hard to argue with the fact that men need more money, because traditionally in our society man is positioned as earner and breadwinner. Therefore, it is vital skill for men – to deal with money correctly.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays

Related Topics