 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Debt doesn’t go away, so talk about it…Now.
Once you discover that one of you has serious debt, get over the anger and shame and start working on paying down the debt. Your bank can help you work out a payment plan that fits your budget, so be honest with them, too.
Get more practical insight about dealing with debt in the Money Couple MINUTE, Dealing with Debt. In this MINUTE you will learn more about being honest about the past, making a plan, and how to stick to it.
It’s one thing for couples to have separate accounts—his and hers checking or separate cash reserves. But secret accounts are a whole ‘nother ballgame. They mean that someone in the relationship doesn’t trust the other person with financial decisions. And since money touches every part of our lives, that financial mistrust usually points to a deeper level of mistrust that will infect the whole relationship. That’s why hiding has to stop if the relationship is going to survive. Read the complete article explaining the dangers of hiding money in the Money Couple Minute, Hiding Money.