I'm 45 and worth millions but my spouse can't stop spending - what should I do?

Overspending is a common financial challenge for couples of all income levels, often leading to marital strain and even divorce due to differing viewpoints on money management.

A specific case highlighted involves a 45-year-old millionaire whose wife has been spending excessively, raising concerns about financial stability and potential consequences for their children.

James is troubled by his wife Naomi's spending habits, which violate what he perceives to be their implicit financial agreement, worrying about the implications for their family's future.

Despite their wealth, issues like late payments and excessive spending can threaten the financial security and harmony in a marriage, stressing the importance of good communication around finances.

Read at 24/7 Wall St.