Can coffee and divorce be related? I heard an interesting radio piece about love and money last week.
You can read the blog here. It seems that if you think your spouse is wasting money, your chances of divorce go up 45%. Right behind infidelity and substance abuse, the belief that your spouse is wasting money is the third leading cause of divorce.
Notice that is the perception of waste that is the problem. When I am focused on a financial goal, I'm willing to skip purchases that I consider extravagant, like a mocha Frappacino. My former spouse was not as willing to modify purchases. While Starbucks wasn't the cause of the divorce, the perception of wasted money sure played a big part.
Earlier in their series, the team discussed the finding that people prefer to visit the dentist rather than a financial planner. If you are considering divorce and the cause of your distress centers on a perception that your spouse is wasting money, start the discussion about money before you visit the divorce lawyer. Or you could just go to the dentist instead.
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