World of Finances

I married a man just like me. He had no debt going into our marriage and no desire to incur any. This has made it very easy for us to create a financial life together that we both agree on and enjoy. I know many other couples who are not so lucky and this has made their financial lives miserable. The worst cases are where one partner does not want any debt and the other partner could care less about the loan and credit card balances.

My friend, Jane, is a perfect example. The man she loved had a lot of debt going into their marriage. He owed about $50,000 on various things and his credit record was trashed. Worse, he had no plan and no desire to pay any of it off any time soon. He is content to drift through life with no savings, no budget, and no plan. Jane’s excellent credit got them their home and car loans. She hates debt and was debt free until her marriage but, being married to this man, she has no choice. I asked her once if she thought about his debt load and his lack of financial care before marrying him.

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