{"id":5840,"date":"2024-09-04T14:49:18","date_gmt":"2024-09-04T12:49:18","guid":{"rendered":"https:\/\/moneyhub.ee\/?p=5840"},"modified":"2025-02-04T12:38:40","modified_gmt":"2025-02-04T10:38:40","slug":"how-debt-impacts-relationships","status":"publish","type":"post","link":"https:\/\/moneyhub.ee\/en\/useful\/articles\/how-debt-impacts-relationships\/","title":{"rendered":"How debt damages your personal relationship(s)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5840\" class=\"elementor elementor-5840\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c9bd2c3 e-flex e-con-boxed e-con e-parent\" data-id=\"7c9bd2c3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b50942e elementor-widget elementor-widget-shortcode\" data-id=\"b50942e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><\/p><\/nav><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-367fb66c e-flex e-con-boxed e-con e-parent\" data-id=\"367fb66c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-46ed6cee ddddf e-flex e-con-boxed e-con e-child\" data-id=\"46ed6cee\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2af24df0 e-flex e-con-boxed e-con e-parent\" data-id=\"2af24df0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-47c0fe0d elementor-widget elementor-widget-image\" data-id=\"47c0fe0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2240\" height=\"1260\" src=\"https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships.png\" class=\"attachment-full size-full wp-image-5849\" alt=\"Man in therapy pondering the damage debt does to his relationships\" srcset=\"https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships.png 2240w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-300x169.png 300w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-1024x576.png 1024w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-768x432.png 768w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-1536x864.png 1536w, https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-2048x1152.png 2048w\" sizes=\"(max-width: 2240px) 100vw, 2240px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5855e2bc e-flex e-con-boxed e-con e-parent\" data-id=\"5855e2bc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-772abcd elementor-widget elementor-widget-heading\" data-id=\"772abcd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h1 style=\"margin: 20pt 0cm 6pt;line-height: 30.6667px;font-size: 20pt;font-family: Arial, sans-serif\"><span lang=\"EN-GB\">How debt damages your personal relationship(s)<\/span><\/h1><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1def85fa elementor-widget elementor-widget-text-editor\" data-id=\"1def85fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span id=\"docs-internal-guid-8da0fcaf-7fff-8315-a41d-2464c884e3ee\"><span style=\"font-size: 16pt; font-family: Arial, sans-serif; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; vertical-align: baseline; white-space-collapse: preserve;\">Debt can cause an unbelievable amount of pressure on relationships, causing disputes, quarrels and frustration from either partner.<\/span><\/span><\/h2>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-805e0d2 e-flex e-con-boxed e-con e-parent\" data-id=\"805e0d2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dc5fb5e elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"dc5fb5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">In a debt-ridden environment, staying strong as a couple can be challenging. Either or both partners can become cold and withdrawn from each other, leading to repeated arguments on how the debt was accumulated in the first place.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Moreover, trust within a relationship can be damaged or, worse, broken.<\/span><\/p><h3 style=\"margin: 16pt 0cm 4pt; line-height: 21.4667px; break-after: avoid; font-size: 14pt; font-family: Arial, sans-serif; color: #434343;\"><a name=\"_ezy5hbiko3zj\"><\/a><span lang=\"EN-GB\">How does debt become a problem in relationships?<\/span><\/h3><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Couples get into debt for several reasons.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">The most common is a significant life event, like getting married, illness or having a child. Changes in circumstances can have a considerable impact on a couple&#8217;s finances, and adjusting can be financially challenging.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Another reason is making financial commitments that they cannot keep, for example, <a href=\"https:\/\/moneyhub.ee\/money\/mortgages\/\">buying a house<\/a> or taking out a <a href=\"https:\/\/moneyhub.ee\/money\/short-term-loans\/\">short-term loan<\/a> that they cannot afford in the long-term.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">When couples don\u2019t have enough income, they dip into their <a href=\"https:\/\/moneyhub.ee\/en\/money\/credit-cards\/\"><span style=\"color: #1155cc;\">credit cards<\/span><\/a> and overdrafts, taking out new loans just to make ends meet. The debt amounts may not be huge at first, but the compound interest and failure to repay escalate the size of the debt.<\/span><\/p><h3 style=\"margin: 16pt 0cm 4pt; line-height: 21.4667px; break-after: avoid; font-size: 14pt; font-family: Arial, sans-serif; color: #434343;\"><a name=\"_7nz9a5m8j9wn\"><\/a><span lang=\"EN-GB\">How does debt affect couples?<\/span><\/h3><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">The stress of <a href=\"https:\/\/moneyhub.ee\/money\/loans\/\">debt<\/a> typically causes couples to turn on each other, blaming one another for why they are in the situation they are in, whether they were directly or indirectly responsible for the debt itself.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">In fact, <a href=\"https:\/\/www.relate.org.uk\/sites\/default\/files\/relate_problem_debt_report_web.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1155cc;\">according to the UK website Relate, one in four people<\/span><\/a> who have been in debt say that has harmed their relationship.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Couples who don&#8217;t wish to cause further arguments end up not speaking to each other and exacerbating the debt situation because failing to talk in a relationship makes it harder for a couple to address their debt.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Debt in a relationship also causes a significant breach of trust between couples. It&#8217;s not uncommon for one partner within the couple to accumulate debt with the knowledge of the other.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">The &#8216;betrayed&#8217; spouse only notices when the other spends more or less. Maybe they are buying cheaper food but spending more on holidays personal gifts, or a lifestyle that they cannot keep up.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000; text-align: center;\" align=\"center\"><i><span lang=\"EN-GB\" style=\"font-size: 18pt; line-height: 27.6px;\">Finding out that a partner has run up debt can be a real betrayal.<\/span><\/i><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Couples assume that their partner has their best interests at heart, an assumption that is key to the stability of most relationships. Finding out the opposite can have a profound effect on the individual betrayed.<\/span><\/p><h3 style=\"margin: 16pt 0cm 4pt; line-height: 21.4667px; break-after: avoid; font-size: 14pt; font-family: Arial, sans-serif; color: #434343;\"><a name=\"_mrjchup16zlh\"><\/a><span lang=\"EN-GB\">What can couples do to address their debts?<\/span><\/h3><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">If one partner has debt that they haven\u2019t told their partner about, then they need to tell them as soon as possible. It will be a tough conversation to have. However, couples cannot address debt without being involved, as together, both will need to examine their incomes and expenses.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">The next step is to begin taking practical measures to address the debt itself.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\"><br \/>Debt advisors provide objective advice on helping those in debt and do not always suggest bankruptcy. They also are not judgemental or will blame you for getting yourself into debt.\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Whilst it can be daunting to get help, being considered reckless or irresponsible, <a href=\"https:\/\/www.moneyadviceservice.org.uk\/blog\/talk-money-worries\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1155cc;\">two-thirds of people say they have taken positive actions <\/span><\/a>to repay the debt or have even cleared the indebtedness after taking debt advice.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Debt advisers can help couples by<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0cm 36pt; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000; text-indent: -18pt;\"><span lang=\"EN-GB\">\u25cf<span style=\"font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span lang=\"EN-GB\">Deal with any letters couples may be getting<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0cm 36pt; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000; text-indent: -18pt;\"><span lang=\"EN-GB\">\u25cf<span style=\"font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span lang=\"EN-GB\">Help couples put together a budget<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0cm 36pt; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000; text-indent: -18pt;\"><span lang=\"EN-GB\">\u25cf<span style=\"font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';\">\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><span lang=\"EN-GB\">Share tips on how couples can save money or increase income.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Once advice has been given and received, it is critical couples act immediately to implement that advice.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Stalling further will only increase the debt.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">When it comes to paying off debts, couples must support one another. Even if the debt caused issues in the first place, couples would need to put their negative feelings aside to get back on their feet.<\/span><\/p><h3 style=\"margin: 16pt 0cm 4pt; line-height: 21.4667px; break-after: avoid; font-size: 14pt; font-family: Arial, sans-serif; color: #434343;\"><a name=\"_8b75oarcv97s\"><\/a><span lang=\"EN-GB\">What about the relationship?<\/span><\/h3><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">It&#8217;s critical to address what damage the debt has done to your relationship. The level of damage depends entirely on the circumstances of the couple concerned.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Couples can only do that if they discuss with each other how they are feeling regarding the debt and their relationship.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">When one person in the relationship has more debt than the other or is responsible for the debt in the first place, the other partner can subconsciously blame them for an absence of financial decisions in their lives, e.g. buying a house, car or a holiday.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">What couples must realise is that over time, the debt itself is a burden that both must carry &#8211; because blaming the other will not help them return to normalcy any quicker.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Addressing why the debt occurred in the first place is a significant factor in moving forward as a couple. Effectively tackling any debt requires working together and not obsessing over it.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">However sometimes one or both partners must acknowledge their responsibility for getting into debt.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">This can be difficult and often painful, but necessary to rebuild trust again. Remember that the partner concerned may have even had the best interests of the relationship or family, for example, buying things for the children.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Couples should attempt to keep the situation in perspective.<\/span><\/p><h3 style=\"margin: 16pt 0cm 4pt; line-height: 21.4667px; break-after: avoid; font-size: 14pt; font-family: Arial, sans-serif; color: #434343;\"><a name=\"_mxdhyc2gmeub\"><\/a><span lang=\"EN-GB\">How can couples avoid sinking back into debt?<\/span><\/h3><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Learning how to manage finances and preparing for unexpected costs can help couples avoid getting into debt again.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Couples must learn how to budget and place aside some funds for a rainy day, whether to help maintain repayments or pay for one of life\u2019s little emergencies. What\u2019s vital is constant communication between couples. <a href=\"https:\/\/www.stepchange.org\/debt-info\/talking-about-debt.aspx\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1155cc;\">According to a UK website, StepChange<\/span><\/a>, the partner dealing with the debt should do the following:<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><ol style=\"margin-bottom: 0cm; color: #000000; font-size: medium; margin-top: 0cm;\" start=\"1\" type=\"1\"><li class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif;\"><span lang=\"EN-GB\">Reassure them that they\u2019re dealing with the problem and that they\u2019re seeking help from a free and confidential debt advice charity. This reassures the other partner that they will not be betrayed again.<\/span><\/li><\/ol><p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0cm 36pt; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><ol style=\"margin-bottom: 0cm; color: #000000; font-size: medium; margin-top: 0cm;\" start=\"2\" type=\"1\"><li class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif;\"><span lang=\"EN-GB\">Tell them that they\u2019re making progress, especially if they are following a debt solution, and that they\u2019re moving closer to clearing debt. Telling partners this lets them know there is light at the end of the tunnel to the current debt problem.<\/span><\/li><\/ol><p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0cm 36pt; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><ol style=\"margin-bottom: 0cm; color: #000000; font-size: medium; margin-top: 0cm;\" start=\"3\" type=\"1\"><li class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif;\"><span lang=\"EN-GB\">Ask for their support in making things easier. Can their partner burden some of the household finances for a while whilst they are paying off their debts? They may say that as this is your problem, you must deal with it. However, the debt shared will not only clear the debt faster, but it will also demonstrate that your relationship is solid together.<\/span><\/li><\/ol><p class=\"MsoNormal\" style=\"margin: 0cm 0cm 0cm 36pt; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">If couples think they need help to address their relationship issues, then <a href=\"https:\/\/www.relate.org.uk\/relationship-help\/help-relationships\/relationship-counselling\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1155cc;\">relationship counselling<\/span><\/a>\u00a0&#8211; a counsellor will help address issues surrounding trust and debts.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Debt can be heartbreaking to talk about, let alone admit that they have one. Discussing debt with those closest to you can be even worse, with 21% of people worrying they will break their family\u2019s trust. Yet, to repay and clear the debt, it is critical for many in relationships to do just that.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">\u00a0<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><span lang=\"EN-GB\">Debt causes unimaginable strain on relationships, which scares couples in addressing the debt in the first place. Having a frank and open discussion will be difficult, but it will ultimately help in taking action to not only clear the debt but to help prevent getting into further debt in the future.<\/span><\/p><p class=\"MsoNormal\" style=\"margin: 0cm; line-height: 16.8667px; font-size: 11pt; font-family: Arial, sans-serif; color: #000000;\"><b><span lang=\"EN-GB\">\u00a0<\/span><\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Debt can cause an unbelievable amount of pressure on relationships, causing disputes, quarrels and frustration from either partner.<\/p>\n<p>In a debt-ridden environment, staying strong as a couple can be challenging. Either or both partners can become cold and withdrawn from each other, leading to repeated arguments on how the debt was accumulated in the first place.<\/p>\n<p>Moreover, trust within a relationship can be damaged or, worse, broken.<\/p>\n<p>How does debt become a problem in relationships?<\/p>\n<p>Couples get into debt for several reasons.<\/p>\n<p>The most common is a significant life event, like getting married, illness or having a child. Changes in circumstances can have a considerable impact on a couple\u2019s finances, and adjusting can be financially challenging.<\/p>\n","protected":false},"author":3,"featured_media":5849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[21,20],"tags":[],"class_list":["post-5840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-useful"],"acf":[],"blog_post_layout_featured_media_urls":{"thumbnail":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-150x150.png",150,150,true],"full":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships.png",2240,1260,false]},"categories_names":{"21":{"name":"Articles","link":"https:\/\/moneyhub.ee\/en\/category\/useful\/articles\/"},"20":{"name":"Useful Info","link":"https:\/\/moneyhub.ee\/en\/category\/useful\/"}},"tags_names":[],"comments_number":"0","rttpg_featured_image_url":{"full":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships.png",2240,1260,false],"landscape":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships.png",2240,1260,false],"portraits":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships.png",2240,1260,false],"thumbnail":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-150x150.png",150,150,true],"medium":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-300x169.png",300,169,true],"large":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-1024x576.png",800,450,true],"1536x1536":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-1536x864.png",1536,864,true],"2048x2048":["https:\/\/moneyhub.ee\/wp-content\/uploads\/2023\/12\/How-debt-ruins-personal-relationships-2048x1152.png",2048,1152,true]},"rttpg_author":{"display_name":"David Bailey","author_link":"https:\/\/moneyhub.ee\/en\/author\/davidbailey\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/moneyhub.ee\/en\/category\/useful\/articles\/\" rel=\"category tag\">Articles<\/a> <a href=\"https:\/\/moneyhub.ee\/en\/category\/useful\/\" rel=\"category tag\">Useful Info<\/a>","rttpg_excerpt":"Debt can cause an unbelievable amount of pressure on relationships, causing disputes, quarrels and frustration from either partner. In a debt-ridden environment, staying strong as a couple can be challenging. Either or both partners can become cold and withdrawn from each other, leading to repeated arguments on how the debt was accumulated in the first&hellip;","_links":{"self":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/posts\/5840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/comments?post=5840"}],"version-history":[{"count":0,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/posts\/5840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/media\/5849"}],"wp:attachment":[{"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/media?parent=5840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/categories?post=5840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneyhub.ee\/en\/wp-json\/wp\/v2\/tags?post=5840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}