ESSAY : Impacts of finance marital stability

The following is the essay question to be answered:
Explain how financial status impacts marital stability. What other factors are associated with a couple\’s financial status?

SAMPLE SOLUTION

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Impacts of Finance on Marital Stability
According to previous research, financial status has acted as the most crucial predictor among married couples. Besides, economic hardship is related to more conflicts that occur in marriages. This instability results in divorce, which has been explained further to cause stress among couples. Individuals tend to fight over limited resources, thereby struggling with disappointment when financial means are meagre. Other research has found that economic strain, in one way or the other, indirectly influence ladies in their marital evaluation.
On the other hand, from an economic perspective, there are other factors associated with couples’ financial status in terms of opportunities and challenges. New opportunities, as one of the factors, enable couples to advance economically. The dual-income (when both parties have jobs) produce a surplus income and help in minimizing the burden of individual expenditure in terms of shared bills. According to Barton (2013), working as partners attract other benefits such as information sharing….

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