How To Deal With A Boyfriend Who Has Money Problems

Money problems plague all of us, and not all of them have to do with unexpected expenses. In fact, most money problems we create are somebody imposed.

Wherefore do I talk about money problems? Having money problems keeps you from getting out of student loan debt, prevents you from saving, and ultimately, prevents you from investing – which is what this locate is all about.

Here are five of the nearly familiar money problems that we all will face at some place in our lives, and around thoughts happening dealing with them.

Money Problem #1: Having a Pet

One of the first money problems you Crataegus oxycantha encounter is owning and affording a loved. There is so a great deal discussion on the true cost of a pet, but the bottom line is that they are an expensive kinsfolk admirer. You will pass money on food, vet bills, toys, and more. There will come a day when you want to contract a vacation, and judge what, you'll need to circuit card your pet, or pay someone you swear to come be a critter sitter.

The money problems with pets don't stop there either – you may also have to give for high-priced vet bills should anything happen. Once you get together love with them, the vets go to school to learn how to lug on your heart string section just now perpendicular to get you to check to 1,000s of dollars of tests, just to let you know your positron emission tomography has indigestion. You really have to atomic number 4 particular with the possible money trouble.

Money Problem #2: Purchasing a House

Purchasing a house is usually the incoming pile problem most people encounter. How is this a money problem? A house and realty are usually great investments? That's not ever true…just ask anyone who has bought a house in the last 5 years more or less.

Advantageous, have you ever seen the movie The Money Pit? Yup…that's what a house can get along if you're not careful. On the far side just paying your mortgage, insurance, utilities, and possibly association dues, you will have to maintain your house. This is where the real money problems lavatory arise. Even doing simple alimony round the business firm, like maintaining the yard, derriere be you several hundred dollars a calendar month. Then, if something actually needs to be fixed, information technology can monetary value a whole hatful more than that!

The nether line is that buying a house isn't for the feint of fondness.

Money Problem #3: Having a Kid

4 Kids is Expensive — That's 4 Money Problems!

The next money problem on the list is having a kid. Kids are high-ticket, and they can cause a great deal of money problems for young families especially. Just take care at the statistics from the US Department of Agriculture, which highlight that raising a child nates easy cost in excess of $200,000! That's a big money problem to ME!

Just starting a childbirth, which can easy cost over $20,000 if you don't have insurance. Good expect at this recent article highlighting the cost to bring home baby. Then you have to feast it, clothe it, which IT will then grow out of the dress you already bought, so gargle and repeat for 18 long time.

Talk of putting a stumbling mental block in your retirement plans!

Money Problem #4: Eating

eating money problems — Yum! Good Money!

One of the biggest money problems that I slew with workaday is food. Intellectual nourishment is expensive AND IT's a take in-22: I need to eat, but I have to pay to eat on. Not fair. I could easily use that money to go towards something more productive, like investment!

The Bureau of Labor Statistics has shown that food prices have risen 1.2% over the last 12 months alone. I guess I could grow just about of my possess food in my yard, but then I still have to invite seeds, water system, fertilizer, and more. Plus, having a yard means that I'm already dealing with Money Trouble #2: Purchasing a Mansion.

I very just wish food wasn't so overpriced. It's probably my biggest expense later housing, and I feel like I Don River't really get my money's worth along this one.

Money Problem #5: Having a Life

If you haven't detected thus far, the truth is, the biggest money problems entirely come from living life. There is nothing wrong with any of these expenses. Nigh everyone has them. The trouble is when one of them gets out of balance from the others, and starts becoming a drain on your finances. Everyone has trapping, intellectual nourishment, and more. It's a must. You force out't Army of the Righteou it stop you from living.

Simply you besides can't countenance information technology stop you from saving surgery investing. You need to balance.

The about common money problems are ones that everyone faces, fair deal with the mathematics and move on!

What's your take on the cinque most shared money problems?

Robert Farrington is America's Millennial Money Expert® and America's Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site devoted to helping millennials escape student loan debt to start investing and building wealth for the ulterior. You can learn more than about him on the About Page, or connected his personal site RobertFarrington.com.

He regularly writes about investment, student loan debt, and general personal finance topics geared towards anyone wanting to earn more, get impossible of debt, and start building wealthiness for the future.

He has been quoted in Major publications including the New York Times, Washington Post, Fox, ABC, NBC, and many. He is also a regular subscriber to Forbes.