Money Issues and Divorce

Sometimes during a mediation session, I will hear one partner say, “you only care about the money.”  My response is that it is now mostly about money so try not to be offended.  Whether the financial issues arise during your marriage or during your divorce, the conflict is often about money.  Being honest, having those difficult conversations and talking through your approach to finances is the only way to resolve your money woes.

The article The 5 Financial Habits Most Likely to Lead to a Divorce states, “Money issues are the third leading cause of divorce, according to the Institute for Divorce Financial Analysts, preceded by incompatibility and infidelity.”