unemployment effects on relationships
Unemployment effects on relationships
Unemployment or facing unemployment can be difficult to deal with, however those difficulties can be compounded when in you are in a relationship, especially if the person you are dating is relying on your financial input partially or solely to help pay the mortgage or utility bills.
Statistics show that 1 in 3 marriages end up in divorce with the majority of those divorces stemming from financial issues.
“what can you do if you find yourself in a relationship that is now suffering due to unemployment?…”
So what can you do if you find yourself in a relationship that is now suffering due to unemployment and do not have income protection or a bottomless credit card to rely one? Well the answer to that can be a hard one to assertion, although one of the first things that should be done is to be open and honest not just with your partner but yourself as well as to the financial situation so both parties in the relationship know what to expect.
There have been documented cases where the boyfriend/husband has been sacked from his employment and yet still pretended to his wife/girlfriend to be going to work everyday to try and gain another job and try and gamble to replace the wages that are not coming in. Needless to say that when the wife or girlfriend finds out the truth to the situation, this can go a lot worse than they could have.
“in the case of unemployment, both parties in the relationship should assess the current financial situation…”
Being open and honest is always the best way to be, but in the case of unemployment, both parties in the relationship should assess the current financial situation, what redundancy or severance pay is owing and when to expect it to be accessible and what out goings there are in the immediate future such as rental payments, mortgage repayments etc.
If you expect there could be issues making payment dates, it would be wise to call your bank or financial institution to inform them of your unemployment or redundancy. Keeping the banks or financiers informed will prevent any nasty surprises to them and escalating the situation to repossession.
“maintain a strong relationship until the unemployment issues pass…”
The important thing to keep in mind is not to let the lack of money come between you and your partner in the relationship and maintain a strong relationship until the unemployment issues pass.
Knowing what to expect with respect to financial hardship during the unemployment is half the battle and then focus on getting back on that horse by obtaining another job or form of employment.