• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Dinks Finance

Dinks Finance

Personal Finance By and For Couples

  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Smart or Selfish
  • Couples Finance
  • Make Extra Money
  • Build Wealth
  • Blogroll
  • About

How Narcissism Affects a Couple’s Finances

May 18, 2021 by Melissa Batai 4 Comments

Narcissism Effects on Finances

Narcissism is quite common in our culture. In fact, The Cleveland Clinic reports that “experts estimate that up to 5% of people have NPD [Narcissistic Personality Disorder].” When you consider the United States’ population of approximately 330 million, five percent would be 16,500,000! Not surprisingly, there are many famous people who are narcissists: Kanye West, Kim Kardashian, Mariah Carey, Madonna, and Donald Trump, just to name a few (Depression Alliance). People who are married to narcissists are well aware of narcissism’s effects on finances as well as marriage.

Narcissism Effects on Finances

There are several ways narcissism can affect a couple’s finances.

More Career Success and Income

To look at the positive, narcissists often feel they deserve the best, so they’re willing to work hard to get it. In addition, they have a strong mental fortitude and will not give up until they’re successful. As a result, they often pick careers that give them power such as in academia, law, or medicine. They are also likely to be entertainers. In general, narcissists make a good income, so that is a positive for the couple.

Like to Appear Richer Than They Are

Narcissism Effects on Finances
Photo by Felipe Marmol on Unsplash

Because narcissists want the world to think highly of them, they will often go to great lengths to look richer than they are. They will buy the fancy sports car and designer suits. They will pick up the tab at a gathering with friends or colleagues and make a show of leaving a large tip.

As you can imagine, this behavior often leads to significant debt and bankruptcy, which, obviously, can be very harmful to a couple’s finances.

Are Typically Bad at Budgeting

In addition to regularly overspending, narcissists expect those around them to skimp and save. However, they won’t do the same themselves. They will freely spend the money, but they won’t budget or keep track of money to keep themselves and their family out of debt.

Can Be Financially Abusive

A narcissist’s effects on the family finances can be devastating. Maintaining a marriage while you’re trying to skimp and save but your spouse spends freely can be aggravating and maybe enough to eventually cause the spouse who isn’t narcissistic to end the marriage.

However, narcissists can have an even darker side when it comes to finances. Many become financially abusive and may require their partner to come to them to ask for money.  Instead of making the house payment, the narcissists may spend the money on themselves or their interests.

Final Thoughts

Narcissists are not easy to live with as they mainly have their own needs and desires in mind. With intense counseling, a narcissist can change his or her behavior. However, be forewarned that narcissisms effects on finances can be devastating. If you find yourself in love with a narcissist, you may want to think carefully about continuing the relationship unless he or she is committed to therapy and trying to change his or her behavior.

Read More

What Are the Red Flags of Spousal Financial Abuse?

Risks of Buying a Home as an Unmarried Couple

Can a Spouse Secretly Sell Possessions Before a Divorce?

Melissa Batai

Melissa is a writer and virtual assistant. She earned her Master’s from Southern Illinois University, and her Bachelor’s in English from the University of Michigan. When she’s not working, you can find her reading a good book, cooking, or traveling. She resides in Arizona where she dislikes the summer heat but loves the natural beauty of the area.

Filed Under: Budgets, Career, Conflict, Couples, Debt, Marriage, Money Management, Personal Finance Tagged With: financial abuse, marriage, narcissism

Reader Interactions

Comments

  1. Beau W. says

    May 20, 2021 at 5:03 pm

    I know alot of people who fit this article too a T. Very good article.

  2. James Hendrickson says

    May 21, 2021 at 10:14 am

    Seriously it would be a total drag if you were married to someone like that. That’s like the very definition of an unhealthy relationship.

  3. Beau W. says

    May 22, 2021 at 5:17 pm

    I would definitely say very unhealthy sir.

  4. James Hendrickson says

    May 31, 2021 at 1:47 pm

    I guess the only other comment I’d add here, is sometimes even when you’re married or in a Long Term relationship with someone, it pays to have your own bank account and your own savings. At least this way, even if your partner is a dud, you’ll have some degree of mastery and autonomy over your own affairs.

Leave a Reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

 

 

Couples Finance

  • What Dave Ramsey’s Take On marriage Is Missing
  • Tips For Newly Married Couples
  • Getting Together, Getting Hitched
  • Prenup Basics
  • Manage Your Money Together

Great Finance Blogs

  • My Stock Market Basics
  • Cafe Credit
  • Clever Dude
  • Modest Money
  • Mighty Bargain Hunter
  • Frugal Rules
  • Young Adult Money
  • Money Talks News
  • Saving Advice
  • Peer Finance 101
  >> Our *entire* blogroll

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

7binaryoptions.com: Your one stop information source for trading binary options.

Get the Latest Coupon and Discount Codes at Freecouponcodes.net.

The best cheap web traffic that comes in handy for your website traffic needs.

Shop till you drop and discounted offers with Shopee promo codes.

Compare business electricity prices at utilitysavingexpert.com

cheap shopping online at DHgate.com

Footer

Get Started

  • Make Money As An Amateur Photographer
  • The Pros and Cons Of Mutual Funds
  • Building Wealth On $600 A Month
  • Yes, You can Buy An Oil Well
  • Kimball Musk’s Net Worth
  • Nine Ways To Make Extra Money

Explore

  • Home
  • About Us
  • Contact Us
  • Facebook
  • Pinterest
  • RSS
  • Twitter

COPYRIGHT © 2020 Dual Income No Kids DinksFinance.com is a District Media site.