Money management Money management Trying to support two households on one income is the most common of all divorce problems and a powerful source of fear that fuels conflict.
Spending suddenly goes up dramatically while income stays the same.
If anything, the ability to earn money is reduced during this prolonged crisis, yet two households now have to live on the same old income. It is the unknown that makes us afraid of the future, afraid of change. Once your physical safety is assured, your next most important need is financial safety. The difference between a desperate existence and a good life is knowing that you have enough coming in and an emergency reserve that will see you through several months. Living securely on a low standard of living is far better than a higher standard of living that is always at risk.