Thursday, December 12, 2013

Not just money: Fears, feelings and the pressures of marriage (part one)


Why is it that most married couples seem to fight about the same thing over and over again, year after year: money Because it’s more thanjust a means of buying the things we need in life. Money represents, and is often used to express, our feelings. Those feelings can develop into different fears and pressures within our relationships, which can then cause us to do things with money that are actually detrimental to the partnership. When couples are in the midst of a heated debate about money, they often don’t think about  looking beyond the superficial  argument at hand to recognize the actual feelings, fears and pressures that exist.

To help illustrate what I’m talking about, let’s look at the case of a typical American family. Bob and Sally have been married for nine years. They have two children, Max and Suzy. Since getting married, they have both enjoyed careers that have gradually placed them into roles that require more and more responsibility. However, with the ever-increasing demands of work and home life, both Bob and Sally have recently felt like the initial chemistry they once shared has worn off, and they are starting to fight about money more frequently.

Bob and Sally's typical argument goes something like this.

Bob: Here we go again. You always have a problem when I spend money hanging out with the guys.

Sally: I am not mad. I just wish you’d prefer to spend your free time at home with our family, that’s all.

Bob: Well, if you would let me hang out with my buddies from time to time, then I would be more excited about coming home. I couldn't tell you the last time I had a guys’ night.

Sally: Why do you say that? I just think we need to be saving money right now. You know as well as I do how tight thing are around here.

Bob: When will things ever not be tight? You know I am working my butt off with no promotion in sight. I have to get away from the office and our home every now and then, or I will go crazy.

You get the idea. Now, Bob and Sally think that if they could just learn how to talk to each other in a respectful, diplomatic manner, then they wouldn't have these arguments. But even if they did increase their ability to openly share their feelings without conflict, they still need to go beyond what is literally being said and understand the values and metaphors that are being communicated[RA1] .  That is, why are Bob and Sally really fighting?

First, let’s take a look at their financial picture.
1. Their mortgage costs 20% of their income (very reasonable level).
2. They have four months of expenses saved (healthy level).
3. They both regularly contribute to their respective companies’ retirement funds.

Based on that, it seems like things are not actually all that bad for Bob and Sally from a financial persective. So, the problem isn’t about “things being tight,” as they have plenty of resources to carry them through a tough season. It’s also not the surface-level issue of Bob wanting to spend time with his friends. What, then, is really happening?

In short, Bob and Sally's feelings, fears and pressures about their relationship have not been openly addressed, simply because they have been “too busy” focusing on work and raising their kids. 

The truth is that Bob is overwhelmed in his IT role.  His company continues to hire younger employees who are outperforming him. This has caused Bob to feel uncertain about his future at the company. Because of this uncertainty, Bob's self-confidence and sense of pride are being challenged. Sally, meanwhile, is feeling pressure because she grew up in a family where there was never enough money, and she subconsciously  believes that that, the more money in the bank, the better.

Sound familiar?

In my next blog post, I will share an action plan for Bob and Sally  that’s intended to help them work through their money fight.

Want advice on starting your own action plan? Give me a call at 980-275-1627.


Regards,
Ed Coambs

Edited by Reena Arora of Arora Media, connect on Facebook
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