In fact, the billionaire says, the biggest decision of your life will be who you choose to marry. “You want to associate with people who are the kind of person you'd like to be. You'll move in that direction,” Buffett said in a conversation with Bill Gates at Columbia University in 2017.
Well, not necessarily. While we're not saying that you should set a hard line on how much a potential partner has to earn, income is certainly one factor out of many that are fine for a person to consider. But even more important than income is what a person does with the money they earn—whether it's a little or a lot.
It's important to know how connected a potential partner is to their family members and the quality of these relationships. Try to determine how much they are able to accept, forgive, and have family members' backs. Also look for how much they blame or make trouble for others.
In reality, financial status does matter when relationships are involved. You could be madly in love with someone, but remember that when you get serious, you're joining your financial statuses together – bad credit, debt, etc. And don't forget – it affects you.
Costs and Benefits of Marriage. ... Married couples, he points out, can save money by sharing household expenses and household duties. In addition, couples enjoy many benefits single people do not when it comes to insurance, retirement, and taxes. However, being married carries some financial costs as well.
Yet a marriage is also a legal and financial partnership. Like partners in a small business, married couples must manage money, make joint decisions, and communicate with one another about dozens of day-to-day issues. When you get a marriage license or form a business, you create a new legal relationship.
Financial stability is important for both individuals and the couple. ... And, the relationship is more solid, as both partners know about each other's financial obligations and debts. This way, they can help one another to pay off debts or to repair their credit.
Overall, it's clear that money can have an impact on love and relationships. However, finding a partner doesn't depend on your bank balance and maintaining a lasting relationship, even in times of financial hardship, is possible if you're both open and honest.
While it's not a politically correct thing to say, the fact is that money is, and always will be, important in a relationship. Because of the control that money has on what we can and can't do, it'll always influence our romantic lives, too.
These elements, more than any other benefit of marriage, may be what some people are seeking—and waiting for.
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