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The Times of India
The Times of India
Lifestyle
TIMESOFINDIA.COM

Signs your partner has too much control over your money

It is widely accepted that matters related to money are trivial in a relationship. In the sense that there is no “my money” or “your money” when it comes to relationships. Rather, it is shared between the partners. However, modern-day life demands both partners to be financially secure and independent. In the covid-era, when everyone’s job security is at stake, couples need to manage money together. However, if one partner goes the extra mile to have control over the other partner’s money, it’s not a good indication. Thus, here are a few signs your partner has too much control over your money.

1. Denial of access

If your partner does not provide you with free access to your money, this is a cause of concern. Not being able to access your own money or assets when you need them is a significant red flag in your relationship.

2. You spending money makes them angry

If you spend money on yourself for entertainment, shopping, or food, and your partner gets angry, you have a problem. Don't feel guilty at all spending some money on self-care. However, if it makes your partner furious, you need to discuss things.

3. Intense monitoring of spending

A spouse that requires a detailed expense report of marital finances, receipts, and descriptions of your spending, wants to have absolute control over your money. This is one of the key signs of financial abuse.

4. He/she gives you an allowance

Don't forget that you aren't a child who should get some pocket money every month. It is not okay at all if your partner gives you an allowance. You should always remember that marital assets are marital assets. You are entitled to spend the marital money so long as you are doing it in a healthy and communicative way.

5. They demand repayment

When you make household purchases out of marital funds, it is quite inappropriate for the partner to ask for repayment of the funds. Further, there are also several cases where some spouses demand interest on marital funds that are to be repaid! It is ridiculous, and you don't need to be in such a marriage.

6. They practice double standards

Sometimes, a financially abusive partner will make a big purchase with your joint money, and won't even let you spend a penny on yourself. This indicates that your abusive partner cannot stand the thought of you doing something good for yourself that reaches beyond them.

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