Consolidating finances after marriage


You had low or even no credit card balances, and you were on the right path financially. You’ve married into debt: Credit cards, student loans, the debt you didn’t have, your spouse does have.How do you handle your new spouse’s debt, and how does it affect you?

-Elle If you decide to help your spouse pay off his or her debt, you can work together toward financial stability.

Before you took the walk down the aisle to wed your new spouse, you were debt-free.

Now, you return home to settle in to your new life and into your new reality.

Check out the graph below, the correlation between fighting about money and divorce is stark.

(Though, as we all remember from statistics class, correlation does not prove causation! So if people are not always fighting about a lack of money, what are they fighting about?

If you'd like to contribute, please review my guest post guidelines.

You must have an account to comment. Please register or login here!