How many divorces are caused by financial problems?
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How many divorces are caused by financial problems?
If this sounds familiar, beware: At least two studies show that this could lead to divorce. Data released Wednesday by financial firm TD Ameritrade found that 41% of divorced Gen Xers and 29% of Boomers say they ended their marriage due to disagreements about money.
How can financial problems lead to divorce?
Money-related issues are frequently cited as a reason for divorce. We asked experts to name the biggest money-related reasons couples get divorced. They include mismatched financial priorities, unexpected major expenses, and discovering a partner's secret spending.
Does cheating make a difference in divorce?
With the number of marriages ending due to infidelity somewhere between 15-50 percent, it creates many questions as to how this will affect the divorce proceedings. A cheating spouse may lose their right to alimony if infidelity can be conclusively proven, even with a no-fault divorce.