how to cope with financial issues in your relationship
Money concerns can often be a cause of tension in relationships, but it doesn't need to stay that way. Read through our tips on navigating the issue.
When your job occupies a lot of your time and energy, you might find that your relationships become less of a priority. However, there are ways to ensure you build and maintain strong connections while managing a busy work schedule.
There’s no denying that accountancy can be a stressful field. And while you may thrive from a busy career, it doesn’t mean those around you feel the same.
Unfortunately, when you’re working late evenings or faced with deadline after deadline, it can mean that maintaining healthy relationships can take a back seat. And while it’s great to enjoy your job, consider which one you’d rather be with you at a restaurant or on holiday – your loved ones or mounds of paperwork.
Neglecting relationships can be detrimental but there are simple, everyday things you can do to prevent the worst from happening. First, let’s understand what problems you might face:
Long working hours: Extended hours can lead to time apart and neglect of relationships.
Stress and fatigue: The demanding nature of the job can create stress and affect communication.
Financial pressure: Financial worries can strain relationships.
Comparison and competition: Pressure to succeed can lead to isolation and comparison with peers.
Have you ever caught yourself saying ‘yes’ to a task you know you don’t have time for?
Sometimes, just saying yes can seem like the easiest option, especially if you want to avoid disappointing anyone. However, the more you agree to take on extra work, the more your colleagues will think they can lump you with it. Manage and book out your time efficiently and in advance. When approached with additional work that will disrupt your calendar, consider whether it can wait until next week.
While stress may seem unavoidable in certain working periods, it shouldn’t follow you home. The first step to avoiding bringing negative energy into your house is to manage it at work. You can explore how to mitigate stress at work here.
We know that sometimes, there are busy periods that inevitably just part of the accountancy world. When these periods do roll around, ensure to put more focus on your own health. Exercise, sleep and eat right, and make time for yourself to avoid stress escalating and affecting relationships. Read more on stress and how to prevent and manage it.
When stress hits, relationships can get neglected, which in turn can lead to conflict and hurt feelings.
Schedule quality time with your loved ones on a weekly basis. Whether it’s days out, trips away or restaurant visits, be sure to commit to it.
Attending counselling or therapy can greatly improve your communication and your understanding of your partner.
Even if you think your issue is minor or fleeting, speaking to someone who understands can help ensure you maintain a healthy, balanced relationship. Thanks to our partnership with Relate, we offer six free sessions of counselling with an experienced professional. These sessions can be done on your own schedule, and help you get to the root of your issues and develop positive communication habits.
access up to six free relationship counselling sessions through our partnership with Relate.
Money concerns can often be a cause of tension in relationships, but it doesn't need to stay that way. Read through our tips on navigating the issue.
If you’re about to retire or have already retired, it’s important your relationship thrives. Not sure where to start? Take a look at these steps for maintaining a good relationship.
We support past and present members of the Institute of Chartered Accountants of England and Wales (ICAEW), ACA students, ICAEW staff members, and the family and carers of members and students.
You can find out more about our available support both in the UK and around the world on our support we offer page.
If you need financial support, we carry out a means test where we consider income, expenditure, capital and assets.
*Please note none of our other services are means-tested.