Financial Independence in Families: A Sign of Distrust?

Photo by lucas Favre on Unsplash

First of this is my personal opinion; if it offends, please remember we are all free to our own opinion.

It has made me think about it-the other night, while at work during a break and talking with two colleagues; we ended up talking about how we manage our family finances. All of these things made me think about it and how some of us have different ways of managing our family finances.
The concept of financial independence can be similarly complexly reacted to within a family context. To some, it may symbolize empowerment or autonomy, while to others, it may connote distrust among the members of the family.

While financial independence is a goal usually desirable, if practiced within close family structures, it may be an indicator that problems exist regarding trust and relationships. Therefore, from this angle, an attempt will be made to discuss some of the reasons why emphasis on individual financial independence might be interpreted as a lack of trust within a family.

Protecting One’s Self from Vulnerability

Given the fact that there may be interdependence within families-meaning they are all mutually depending on one another for both emotional and economic support-the desire to be financially independent would suppose to mean avoidance of a…