Debt - the ball and chain of relationships
The real burden in any relationship is debt so how well do people know their partners finances and would they still love them if they discovered that they came equipped with £15,000 worth of debt and on the verge of bankruptcy?
Some will take on the ‘in sickness and in health’ commitment and agree to help out a partner in financial distress but are you prepared to pay for years of someone’s life that you knew nothing about? You could be paying for their years of being free and single, of partying and impressing the opposite sex. Others think that helping a partner out in the early days, will secure them should the tables ever turn but are you certain that your partner would really help you out if things were the other way round?
Relationships are not taken with such commitment as they were forty years ago and as debt reaches astronomical heights, marrying into debt is not a road that many would want to travel down.
A real debt solution would be for any debt to be shared, this way the other partner will not consider you as merely a financial crutch to lean upon.
So if Mr or Mrs Perfect has just walked into your life, try encouraging them to show responsibility for their own finances by seeking professional debt advice.
