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4 Money Problems In Nigerian Marriages To Avoid by Opinionated: 1:01pm On Nov 02, 2018 |
A lot of people have been married for years but still find it very difficult to get their finances in order. This might be due to various reasons such as the famous, ‘your money is our money and my money is my money’ that most Nigerian ladies not just say, but usually adhere to when they get married, and other problems that would be explained in this post. Money problems in marriage are pretty much expected, but they’re easy to avoid at the same time if you can avoid these 4 financial problems in marriage. Not sharing expenses This is one of the major money problems a lot of marriages experience in Nigeria. Despite the fact that a lot of young people now have access to information that is relevant to financial independence, a lot of women still assume the husband should bare most if not all the expenses. However, splitting the financial responsibility to an equal 50/50 is not realistic because women have expenses that men will never have to worry about. At the same time both partners rarely make the same income. Therefore, a better approach would be to look at the overall expenses and income of the family, and then come up with a budget that works for both partners. Paying for all the expenses by one partner might come with good intentions from the start, but after a while it would create tension and pressure. Keeping money secrets It is no brainer that keeping money secret is not healthy for any relationship. Not only would it ruin the trust, it could also lead to resentment from the offended partner. This does not just apply to keeping secrets about some extra cash you have somewhere, it also includes not letting your partner know you have loan to be paid, if you have one. It might seem embarrassing but it’s the right thing to do. That way you would be able to figure out a better and easier repayment plan which might include your partner helping you pay some of it and vice versa. You should also let your partner know your credit score, as this would help both of you when you want to apply for a loan together for a new home or other heavy purchase. Leaving one partner to manage the money In a lot of Nigerian marriages, one partner manages the money and that is usually the husband and recently the wife. This is fine when that is done because the partner managing the money is better at money management, but that does not mean you should leave the entire money decision and management to just your partner. Sometime s budgeting and keeping records of expenses can be overwhelming, so you need to work together to ease the stress. Also, anything can happen to the partner who manages the money, would you be fine financially without your partner? You might not know the full details of how every Naira is spent, but at the very least, you should know how to access your money in the event of an emergency. Not budgeting properly As stated earlier about splitting expenses, having a budget in place will help you figure out how to manage the family expenses. Write down all of your income and expenses, once you have all this info, you can decide how the expenses will be split. Don’t forget to budget savings e.g. travel, and short-term major purchases for a car or a home. Also, be prepared to review and change your budget when the need arises like when you get a raise, or an addition to the family. When such changes happen try and see how you can save more or where you can cut expenses depending on what the situation is at the time. However, if you realize that you and your partner are not good at managing money, you should visit a financial institution for financial advice on how to manage your money. In most cases, getting financial advice is free. Finally, note that marriage and money are never easy but can be quite satisfying when you have it clearly stated out and in control through proper planning and consistent efforts towards your financial freedom as a couple. Source: 4 Money Problems in Nigerian Marriages to Avoid 17 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by oladotman(m): 1:10pm On Nov 02, 2018 |
FTC |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Edmondd(m): 1:10pm On Nov 02, 2018 |
Let me call my wife. She has to read number 1. Christmas is at the corner, you really need our service. Reach us for your interior decorations including curtains and window blinds and other home accessories. Tel/WhatsApp 07013038612. 3 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by ct2: 1:10pm On Nov 02, 2018 |
I don't even know the rubbish to write |
Re: 4 Money Problems In Nigerian Marriages To Avoid by MrHighSea: 1:11pm On Nov 02, 2018 |
Better bare it all, IF TRUST HAVE BEEN ESTABLISHED. When there is dough, let her know, pop champagne. When dough depletes, let her know, share a bottle of coke. If she vex, she is wrong. 21 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by oladotman(m): 1:11pm On Nov 02, 2018 |
Finally....... |
Re: 4 Money Problems In Nigerian Marriages To Avoid by fghanni(m): 1:12pm On Nov 02, 2018 |
Noted! |
Re: 4 Money Problems In Nigerian Marriages To Avoid by TooNoisy(f): 1:13pm On Nov 02, 2018 |
Money is a major cause of problems for African marriages, so intending couples should discuss about how family expenses will be paid. There is no perfect remedy, all I can is that couples need to be open, transparent and fair to both parties. Your priority should first of all be your immediate (nuclear) family, and outsiders should be a distant second especially when you start having children. Having said that, the man should even be more prudent in spending money. Women have needs that men will never have, so it is important for a man to understand these needs and ensure that his wife looks and feels good with herself - depending on what he can afford. I also encourage couples to invest early and wisely, property and shares are a good place to start. 7 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by bigkahuna704(m): 1:13pm On Nov 02, 2018 |
1. Avoid Poverty 2 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by engrMikemd(m): 1:13pm On Nov 02, 2018 |
Nice write-up 1 Like |
Re: 4 Money Problems In Nigerian Marriages To Avoid by obajoey(m): 1:14pm On Nov 02, 2018 |
Wife be like 'his money is our money, my money is my money' sebi na jejely i dey my papa house wey him con carry me. 13 Likes 3 Shares |
Re: 4 Money Problems In Nigerian Marriages To Avoid by GGirll: 1:15pm On Nov 02, 2018 |
Good o e OP thank you |
Re: 4 Money Problems In Nigerian Marriages To Avoid by wink2015(m): 1:15pm On Nov 02, 2018 |
Opinionated: INSTEAD OF RUSHING TO GO AND TAKE PRE-WEDDING PHOTOS. Couples should spend their time reading motivational books and get themselves educated on how to manage their marriage. Pre-Wedding photos will not save a marriage problem it is just for the fun of the moment then later you are faced with the true challenges of marriage. @Opinionated Thanks for the share! 6 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by BESUNHomesLTD: 1:18pm On Nov 02, 2018 |
Good write up! |
Re: 4 Money Problems In Nigerian Marriages To Avoid by izzy4shizzy(m): 1:19pm On Nov 02, 2018 |
Which kind topic be this |
Re: 4 Money Problems In Nigerian Marriages To Avoid by tuwayz(m): 1:20pm On Nov 02, 2018 |
I just hope Nigerian ladies will listen to this, but many will not because of this african mentality that have got deep in them that a man is responsible for all the bills at home, so pathetic. 2 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by tstx(m): 1:20pm On Nov 02, 2018 |
Ok |
Re: 4 Money Problems In Nigerian Marriages To Avoid by TRUSTEDGUY: 1:20pm On Nov 02, 2018 |
Naija women too like money. Na top agenda for them in marriage. 2 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by CapussoSeba: 1:23pm On Nov 02, 2018 |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Amoj4682: 1:24pm On Nov 02, 2018 |
obajoey: Lol. You are right 2 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by GOFRONT(m): 1:27pm On Nov 02, 2018 |
Ordinary date wen I dey date my girlfriend, she wan use her younger brothers' wahala kill me.... Abeg I wan marry lady wen no get younger brothers n sisters......I don learn 17 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Nobody: 1:30pm On Nov 02, 2018 |
Good job. Women hearken to this advice so as to have a wonderful home. Men work hard to take care of your kids. In relationship, this should be inculcated. The idea of the guy spending on you will face away with time. Ladies be smart if you want to keep your man. 1 Like |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Rozay19(f): 1:32pm On Nov 02, 2018 |
fghanni:O |
Re: 4 Money Problems In Nigerian Marriages To Avoid by ednut1(m): 1:37pm On Nov 02, 2018 |
Marriage in the olden days -man foots d bills leaves all the chores and care for the woman. Marriage today -both earn/ work and the man still expects the women to do same thing as women who dont earn. Baba kolework . Women are not slaves 11 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Nobody: 1:38pm On Nov 02, 2018 |
Only men who support feminism should share bills with their wives. You can't be claiming mr head of the home and captain then you'll now be hoping to share bills. God punish you! 5 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Nobody: 1:40pm On Nov 02, 2018 |
ednut1: Most Nigerian women work but still don't contribute. Be realistic 6 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by chris31(m): 1:44pm On Nov 02, 2018 |
TooNoisy:And u think that Men don't have needs right? This is how u women deceives urselfs Marriage should be 55 - 45 these days 4 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by ednut1(m): 1:46pm On Nov 02, 2018 |
Elder0001:true . No wonder men die early 3 Likes 1 Share |
Re: 4 Money Problems In Nigerian Marriages To Avoid by chris31(m): 1:46pm On Nov 02, 2018 |
ednut1:I dey pity u guy Na ur type woman dey turn to houseboy 5 Likes |
Re: 4 Money Problems In Nigerian Marriages To Avoid by Nobody: 1:49pm On Nov 02, 2018 |
ednut1:When you talk about double standards. You get it correctly! Everybody go dey alright sha 3 Likes |
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