Mar 16, 2025

How to navigate a financial crunch in your marriage

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Be honest

Be honest in your communication with your partner about the issue. Do not hide any facts

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Identify the root cause

Identify the root cause of the crunch, and whether it is temporary or long-term

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Do not deviate from the issue

Attack the problem, and not your partner. Deal with your issues later

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Save, save, save

Cut off all unnecessary spends. Each and every penny counts in saving

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Look for solutions

Pick up odd jobs in the meanwhile, no matter how small. Try and build a corpus

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Review your financial history

Review your financial history to gauge if you have any previous savings that can be used

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Keep track

Track all your expenses. Do not leave out anything, no matter how small a spend it seems

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Gauge your high expenses

Next, mark out expenses that are high. See if you can cut down on them, at least for a few months

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Plan ahead

Create a debt repayment plan: Make sure you include all your outstanding credits and a streamlined way to pay all of it back

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Take notes

Take notes for the future. Do not repeat your mistakes. And remember, this too shall pass

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Thanks For Reading!

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