03 Jan Keeping Boomers Relationships Strong In Tough Economic Times
Financial strains don’t just have a negative effect on your bank balance; it also puts severe strain on your relationship. As Baby Boomers, like yourself, come to terms with the loss of a portion of your retirement savings, you are undoubtedly becoming more and more aware of the, possibly drastic, change your way of life is about to undergo. These are indeed tough times, but do they also have to make your relationship difficult?
It doesn’t. To avoid having the effects of the economic crisis from creeping into your relationship, you should first be aware that the possibility exists. Then you should resolve that you will not allow it to destroy your wonderful relationship. This resolution should be, of course, a joint one between the two of you otherwise it might not work as well as you’d like.
Second, acknowledge the problem and your feelings towards it. Do not pretend as though all is fine with the world and that the fact that you’re poorer today than you were a year ago is causing you great anxiety. Ignoring the problem will not make it go away; in fact, it could make it worse.
Third, discuss your situation and feelings with your significant other. Share your fears and then make plans as to the best way to deal with the problem. Simply saying your thoughts out loud can do wonders to alleviate your anxiety. It’s also a good idea to make a pact to monitor each other’s spending habits and keep him/her in check.
Fourth, despite the financial setback, make time for each other and to do things together – just the two of you. These do not have to be the luxurious Caribbean cruises that you used to take, but you could go to a local beach or a concert where you can relive wonderful memories of your youth. The important thing is that you both enjoy the activity and time together.
Fifth, reassure each other of your love and commitment to keeping the relationship strong. Do this many times daily verbally and non-verbally. It is a fantastic thing when you really know that someone really cares. Suddenly all the financial problems in the world do not matter.
The truth is, even though we all need money to survive in our society, we should not lose sight that there are a lot of things much more important than it. I believe that these things should be cherished and nurtured. What do you think?
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