love life and mortgage

Will Money Buy Love?

Money might not be able to get us relationships, but it surely helps us in keeping them.

Lower incomes bring misery and so does mortgage.

For a friend I have, the end of his love story began with his habit of purchasing most things on credit thinking he’ll be able to repay.

The mismanagement of his debts lost him his money, his house, and also the love of his life.

money can't buy you love


True Story

Assuming for him the name ‘Peter’ here’s what happened with him.

Read on to get your lesions for a life time :)

About 7 years ago Peter was a college student when he started earning a handsome hourly income, something his friend’s weren’t earning. He was spending something like $35,000 annually with self-earned money so he decided to buy a Mustang and modify the car to his taste.

He then invested in laptop, a computer and on other utilities too.

He purchased a lot more with his earnings, and was fortunately able to pay for everything he bought, even when on credit.

But, then came a time when he replaced the mustang with a new sports car with comprehensive car insurance. This is when things went out of hand. He also had a student’s loan to repay at the same time and his wedding was scheduled for the fall.

But, before March he was gasping for air for not having the money to make his regular installments. For days he would eat on our money because he couldn’t afford to buy grocery.

Relations with his girlfriend also got strained during this time.

She often told him to let go of the car and get one after college gets over, but he wouldn’t listen.

save and manage money - your relationship will survive longer


Parental Advice

His parents advised him to consult a Broker and get his credit back on track, but something was messy with Peter and he wouldn’t listen to them.

What he decided to do next was the biggest blunder of his life.

He decided to raise another loan to clear his debt and also run his daily affairs. Somehow he managed to get a re-finance loan on a higher rate of interest. The next three months were great for him, he was able to meet his expenses and impress his girlfriend with all that he had, and so began the preparations for his wedding scheduled in the next two months.

Just in the beginning of the fall money started falling short of the expenses he incurred, and he was unable to pay the interest amount. Fights with his girlfriend became common part of their routine. His income just didn’t meet his requirements and he wouldn’t let go of anything.

With no money left for his wedding, he once again tried to apply for a business loan, but his bad credits didn’t let that happen. His family being poor no help could come from there too. The end was that two weeks before his wedding it was called off, and his girlfriend walked out on him.

In the next few days he was forced to sell his car too, and much of the gadgets he has accumulated.

No money, no girlfriend, and friends too parted ways, Peter was left alone because of mismanagement of Mortgage.


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How Mortgage Can Ruin Your Love Life 1

I’m a specialist consultant and mortgage training provider of Australia. My knowledge and experience in mortgage finance has personally assisted his clients around Australia to achieve their business, financial and investment goals

Gdweblab – who has written posts on GeekandJock.

14 thoughts on “How Mortgage Can Ruin Your Love Life”
  1. There is one saying – “When the financial crisis knocks on the door, love sneaks through the window.” It’s sad, but it’s often very true.

        1. I sometimes think that by blocking out what you are afraid from happening, that you might actually prevent what you really want from coming into your life.

          1. Honestly, I do not want anything that could sneak through the window into my life. :) Just kidding, but I don’t want to think too much about what you said, because it frightens me. :)

            The whole life comes down to choices and reconsideration of whether those choices were right or not. Who knows what we’ve missed in our lives because of the choices we have made and the paths we have chosen? Scary thought, imo.

    1. hahaaha lol true saying Ogi . but i think the thing which is love that never leaves the hand and which leaves the person in bad conditions that’s not love that was just a waste of time

      1. So are you saying, John, that if there’s a serious relationship breakdown that has a real focus on money, then real love (if you really have it) should see you through all the crap?

        1. actually martin the main motto of my view point is that the love is just a gift of god which happen to special people. being loved or to love is very special feeling we have to care about it not about money

  2. Love and money,,,very interesting topic i think money can buy everything in this society all luxury, comforts and even love,,,,,But when i talk about the life of that love i realized that love is not real love that love is for money only till you have that bucks you can enjoy the bought love but when they stock got empty the fake love dies.

    However it is sour truth that money is the need of life to survive ,,and love to but sometimes lack of money create lot of crappy situations in relationship,

    1. Tue true Mike.
      Though if the premise of love was formed based on money isn’t really love, is it?
      Would you say it’s more like being infatuated by greed, with that initial infatuation attached to a person as the source?
      Not really a true foundation for love

  3. Love and money are sometimes a big issue when it comes to relationships. It’s sad that there are couples who end their relationship just because of financial problem or quarrel. For me, before entering in a relationship, one should learn how to balance behavior when it comes to money and love. It’s a big responsibility but worth it in the end.

    1. Wise words indeed Gladys and welcome to the site too.
      It would almost be better to start love, being penniless so you both start at zero. At least then you both are able to work together to overcome and plan for your future together, don’t you think? :)

    2. Lack of money has a negative effect especially on those who don’t have it. It can cause depression, pessimism, lack of confidence, low self-esteem, and general dissatisfaction with yourself.

      So, it’s not the lack of money a problem by itself, but the fact that lack of money affects the mood and behavior of people. And it never changes people for the better.

      And that’s what has a negative impact on love.

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