Each partner may have different views and habits with regard to managing money.
Getting together with a new partner later in life can have its difficulties, especially when there are children from a previous relationship involved. Often the most complex issues are to do with money.
People coming together in a second relationship have sometimes lived on their own for a number of
years and are used to managing their own money. Suddenly having to consider another person is not easy.
Each partner may have different views and habits with regard to managing money. Often, there will be fears around sharing money that come from bad experiences with a former partner, for example as result of addictions to gambling and alcohol, or excessive spending.
There may also be different views about how much to spend on children.
Lavish spending by one partner on their children can cause friction within the blended family.
