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How spending can ruin a marriage or relationship

  • Broadcast in Finance
All You Need To Know Radio

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Getting married is a big commitment. It involves a lot of trust and work. It is wonderful to find someone that you want to spend your life with. As you prepare to get married, it is important to sit down and discuss finances. One of the leading causes of contention and divorce in marriage is finances. It is important that you take the steps before you get married to make sure that you and your future spouse will work together. It can be frustrating if one spouse won't participate in the budgeting process, in fact it can often end a marriage.

You need to make sure that you will work together on your finances. This means that you should sit down and openly discuss where you are currently including all of your debt and assets. Once you are married you combine these. It can be very frustrating to have one person spend money frivolously.

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