Foreclosures Impacting Marriages
As many of you might now, I am a personal finances expert and home ownership advocate and I thought it was time I write about this. I was reading an article that was in the Associated Press titled All Business: What’s Behind Foreclosure. One of the first thing that peaked my interest was how this writer shared a simple plan for the government to stop foreclosures: here’s a simple plan: Boost Americans’ income, put more funding toward medical research and insist on marriage counseling for all. I was somewhat fascinated by that statement because I have often received the comment when going through a fast food drive through window from the workers, the price of the food continues to raise however, their pay is not going up. Have you ever stopped and looked at that? I made it a point to note that comment because it showed me that employees are paying attention. What does that say for quality of life when you are paying more for food but your income is not increasing regardless of the job you perform? Think about when gas prices increased and it seemed so drastic. Well it was drastic. Did some of your other bills begin to suffer? I know we had to get very creative because that was a huge increase for the cost of gas.
The second thing I looked at was where she says put more funding towards medical research. I say medical research and making sure everyone has healthcare. How many people are without medical care and cannot afford proper treatment? People end up facing some very hard choices – do you seek medical care and purchase medicine or are you paying for your utilities? Let’s be realistic these are choices that someone is dealing with every day, thereby making their quality of life deteriorate. It is disheartening to think that some of my elderly family members could be struggling with health and cannot really get the care they need. It is beyond a point of want and reached a level of need.
We have all heard and read how money, lack of money or finances are one of the top causes of divorces. Some might even say it is number one. So what would you expect to happen when a family begins facing foreclosure? The finger pointing started some time ago, communication has probably broken down and the couple cannot agree on a proper solution. The article that I was reading her third item was insist on marriage counseling for all. Many people probably could benefit from marriage counseling right now when facing foreclosure on relationships and finances. Why do I say this? Primarily because if they are not able to see why this happened, they will repeat the pattern. It is very beneficial to have an outside person review everything and give an unbiased solution. I will share this, when there are financial challenges it begins to affect health, work performance and many other areas of your life. When people are facing foreclosure, they probably are dealing with stress, fear and uncertainty. These feelings can cause health issues and impact your marriage. I agree with the writer of that article some of the areas that need to be addressed are income, health and marriages.
Taffy Wagner
