After all, it is hard to keep love alive if one party chooses to be cavalier in spending while the other struggles to keep the household afloat.
Money woes can have severe consequences for couples intending to buy their first home because no bank will lend them money if one of them has a record of defaulting on loans.
Not surprisingly, even the law does not side with people who cannot control their spending because such behaviour can have far-reaching consequences. In 2022, the High Court allowed a woman to divorce her husband because she could no longer bear living with him due to his "financial irresponsibility".
Here are two cautionary tales on how debt caused couples to break up.
INABILITY TO MANAGE MONEY
A man thought he had the makings of an entrepreneur when he put in $50,000 to start a business despite his wife's objection. Even when the company went bust, he was not deterred and went on to incur more debt.
Esta historia es de la edición November 24, 2024 de The Straits Times.
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Esta historia es de la edición November 24, 2024 de The Straits Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
K-DRAMA FOR MENTAL HEALTH
If you have ever binge-watched an entire season of a K-drama like Squid Game (2021) or Crash Landing On You (2019 to 2020), one Korean-American expert has good news: It has likely improved your mental health.
Pop Mart to take action against unauthorized use of Labubu in food
Food retailers riding on the hype over Labubu to sell edible products fashioned after the monster character with serrated teeth may have bitten off more than they can chew.
Hawker food with less sodium – can you tell the difference?
Some hawkers have cut down on salt in their food and customers are not complaining
A taste of the Middle East
From Yemeni rice dishes to Syrian shawarma, Middle Eastern fare is adding spice to the food scene here
Environmental activist loves scoring deals at second-hand bookstores
Who: Woo Qiyun, 27, is better known as the environmental activist behind the Instagram account @theweirdandwild.
The Light Between Us dimmed by poor execution and editing
It does not bode well that on the first page of the story proper, there is an error.
A love letter to the bilingual book
My love affair with the bilingual book began with a volume of poems by Chilean poet Pablo Neruda, which I bought as a teenager from Carousell.
Community ties and characters anchor The Long Water
A teenage boy, Daniel, goes missing.
New novel a shadow of Haruki Murakami's older, better works
The prose in The City And Its Uncertain Walls is so repetitive, it robs the phrases of any enchantment they might once have had
Gourmet finds in Macau
This cultural melting pot has more to offer than gambling and Portuguese egg tarts
