Article Link: CBS Reports: Children of the Recession
Archives For recession
Link: study: 43% of couples argue more about money since recession kicked in
In a recent survey, 43-percent of American couples say they argue more about their finances since the recession kicked in. New research from Citibank shows that conflict over money is the number one reason for break-ups and divorce in this country. The fear of losing a job, facing foreclosure and not knowing what the future brings is really taking a toll on people’s marriages.
Link: Is It Possible to Recession Proof Your Relationship?
Kit Yarrow, a consumer psychologist and professor of psychology and business at Golden Gate University in San Francisco, offers these five tips to help couples recession-proof their relationships: Expand Meaning of Wealth, Consider New Roles, Create a Routine, Mind the Gap, and Do the Doable. -ABC News February 15, 2009 & reprint Washington Times March 15, 2009.
Related: Recession and Relationships
Link: UK: Will recession strengthen families?
Nick Clegg, the LibDem leader, proclaimed recently that “a savage recession, like a war, shakes the traditional identity of men and women”, and that unemployed men could “reinvent” themselves as hands-on fathers and proudly support their still-working womenfolk. —The recession is stripping marriage bare, forcing partners to look at each other face on, undistracted by the sideshows of material comforts—
Link: Strong marriages can survive this recession.
“When one spouse is laid off or is working harder and longer, that may throw an already rocky marriage into the gravel pit and put a strong marriage to the test…But strong marriages can survive this recession.” Before a couple sits down to discuss finances, I suggest that they sit down and make a list of ways that they can keep from taking each other for granted,” said David Coleman, who is from the Cincinnati area. Related Link: More couples staying together due to recession
Research finds people more likely to argue about money in bed
Dr Sheila Keegan, a chartered psychologist with consultancy Campbell Keegan, said the results demonstrated the need for honesty within relationships.
“There are also husbands and wives who still haven’t told each other about debts or savings they have kept hidden after years of marriage.”
Social psychologist Dr Alicia Renedo added: “For women it is natural to want openness about money in a relationship and for both men and women it is important to be able to manage money at all times, not just at the bank.” (Read full article)
