financial problems in the household

Household Financial Problems, What Are the Reasons?

Household Financial Problems – In marriage, of course you will find a problem. One of these problems can manifest as a financial problem. How dear and in love you are with your partner and family members, financial problems can arise unexpectedly.

However, the problem is not without a solution. In order to maintain harmony and household financial health, it's good parents First find out the various causes of household financial problems, here. The Whiz Finance App has put it all together for you. Come on, see!

Also Read: Teaching Children Responsibilities


Causes of Financial Problems in the Household and How to Overcome It

#1 A Different Lifestyle

Every individual can certainly have a different lifestyle. Before marrying your partner, maybe lifestyle is not a problem because you guys still live in their respective homes.

However, this problem will start to show when you are living with your partner. Lifestyles that are different or may contrast with each other can be one of the causes of financial problems. One of the consequences of marriage and marriage is that you and your partner have to compromise about it.

You should talk to your partner about each other's lifestyle. What part of that lifestyle can you compromise and can you adjust to the needs and financial capabilities of the household.

#2 Total Income Inequality

Sometimes, a partner can feel burdened or feel inferior because their income is lower than their partner. This feeling can be felt by both the wife and husband.

Feelings of burden and low self-esteem can be a source of problems. Therefore, good and open communication can help you and your partner in avoiding this conflict over income.

#3 Comparing Household Finances with Others.

Comparing oneself with others, in any context, can create conflict and problems. No exception comparing your household finances with others.

It should be understood that the social and economic conditions of each household are different. This habit can cause your partner to feel insecure, it can even have a bad effect on the partner's ability to make money.

Therefore, this bad habit should be avoided, and try together with your partner on how to improve the quality of family life by finding new sources of income or changing family lifestyles to maintain financial health and household harmony.

#4 No Financial Plan

financial problems in the household

Financial planning in the household is an important thing to do. By having a financial plan, the financial condition of the household can become healthier and more stable. If the financial plan you have is not good or not in accordance with the ability of the family, some important needs that are needed cannot be met.

Start calculating the income and expenses that you and your partner have each month. Make a good budget and stick to it consistently to avoid unnecessary expenses.

This financial plan must be discussed with your partner properly and in detail to avoid misunderstandings and to be able to meet your partner's needs.

Read also: 7 Tips to Choose the Right Money Management App

#5 Dishonest About Financial Condition

Having hidden debt or savings will be a source of conflict and problems in your household finances.

Of course having your own savings even though you are already married is a good thing. However, hiding it from your partner is not a wise thing to do. Be transparent with your partner. Having your own savings is not a bad thing. Talk nicely to your partner about the reasons and goals you have personal savings.

In addition, having hidden debt is also not a wise thing to do. Consumptive behavior, gambling, or investment mistakes can result in large amounts of debt. Instead of hiding it from your partner, you should talk about it and explain it to your partner. Facing the financial burden together will certainly feel easier than dealing with it alone.


If you talk well and behave openly with your partner, household financial problems can be avoided properly too. Also keep in mind, when you are married, financial mistakes can also affect your family. Therefore, being wise in managing finances is very important in maintaining the welfare and happiness of your household.

To help you and your partner manage your finances, especially your children's finances, the Whiz Financial Application has several features that can make this process easier!

LET'S REGISTER ON THE WHIZ APP!