Why couples should share the mental load of money management and how to do it


By AGENCY
  • Family
  • Thursday, 16 May 2024

When it comes to the mental load of managing financial responsibilities, couples can fall into unproductive patterns that can lead to conflict, resentment and even willful ignorance. — MUHAMAD SHAHRIL ROSLI/The Star

A lot of work goes into making a household run smoothly, and the thread that runs through all the labour is money. It’s money that makes it possible to fix a broken appliance, enroll the kids in summer camp and save up to replace the ageing car. The mental load of money can be heavy. It’s made up of those endless invisible tasks we engage in, and the future tasks we lie awake at night thinking about.

"I think it is important to mention the emotional weight that comes with worrying about money. Do we have enough for rent next month? Are we saving enough for college?” Kate Mangino, author of Equal Partners: Improving Gender Equality at Home, said in an email. "Those kinds of worries tend to chip away at our emotional health, especially if we think our partner doesn’t share this worry, and we’re alone in carrying that weight.”

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