Money Stand

Communicate with debt

December 23, 2009

It really depends on your situation. If you are still in an early and fledgling relationship then I think that you shouldn’t have to share your debt problems with your partner. It is more about diverting the actual truth rather than lying.

If you’re in a long lasting relationship then couples should share debt problems and should not lie to each other about their problems. This is what I do, and I find that a problem halved is a problem solved. I often share my financial problems with my mother who is also willing to lend a helping hand whenever I need it.

My sister has suffered from debt in the past, and did not share it with her husband for a long time. He was unaware that she had huge debts on her credit card. Eventually it all came out, and they divorced suddenly. She is now financially solvent and has no more debt problems.

Filed under: Money