Wed, 12 February 2020
Merging finances is more than combining bank accounts. It’s working together with the good, bad, and awkward, including dealing with debt.
Today we’re discussing the legalities of who’s responsible for what, credit scores, and how to dump debt together!
Marriage and Debt
Marriage is about two lives coming together. It can be a wonderful feeling to know you have someone to watch your back through thick and thin.
Part of coming together is dealing with your finances together and for many couples debt is a chunk of it.
Between credits cards, car and student loans, and maybe a mortgage, the two of you could be starting your marriage in the negative.
As a couple you know paying down is the way to go, but you have other concerns on your mind. If one or both of you come in with debt, who’s legally responsible?
What about the debt you take on after you’re married? What if you two have drastically different credit scores? How will that affect plans that you have – perhaps buying a house down the line?
Which is why I’m happy Leslie Tayne is here today. Leslie is an attorney who specializes in debt resolution. With almost twenty years of experience, she helps clients get debt relief and resolution.
She’s sharing her expertise on how debt can affect your finances and marriage.
In this episode we’ll get into:
Let’s get started!
Resources to Dump Your Debt Together
If you two are ready to pay off your debt, here are some handy resources to check out:
Thank You to Our Sponsor Coastal!
Support for this podcast comes from Coastal Credit Union. If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today!
We’ve been Coastal members for a few years have been happy with their services.
They want to help you achieve your biggest goals faster and as a team!
Support the Podcast!
Thank you so much for listening to the podcast!
Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere.
Direct download: S10E7_Yours_Mine_Ours_Debt.mp3
Category:personal finance -- posted at: 8:14am EDT