Table of Contents
How can I help someone with serious debt?
- Recognize signs of burdensome debt. Every household is unique.
- Identify the emotional relationship to debt.
- Understand the four basic options for getting out of debt.
- Be prepared to have a serious conversation.
- Help to identify a realistic future.
- Get him or her involved in creating the solution.
How do I talk to my partner about his debt?
If you’ve decided to talk to your partner about your debts:
- Reassure them that you’re dealing with the problem. Tell them that you’re seeking help from a free and confidential debt advice charity.
- Tell them that you’re making progress.
- Ask them to work with you to make things easier.
How has debt affected your relationship with your husband?
Debt was a big part of the relationship between me and my husband for 15 years. Debt tested our relationship in so many ways, from leaving us with very little income to enjoy ourselves to causing serious emotional stress as time went on. We both had debt when we met and the extent of our debt got worse in the years following.
Would you pay off your spouse’s debt if you had it?
There are some people on the side of a simple yes. They would pay off their spouse’s debt if they had it. They feel that their money is together. Some feel it is part of being married. I, on the other hand, don’t know what I would do, but I lean very much toward no.
How do you deal with a partner with a lot of debt?
Key to dealing with a partner with loads of debt is learning how to avoid resenting them for the financial strain they’ve placed you on your relationship — and this can occur regardless of when the debt’s disclosed.
Is it bad to marry someone with debt?
But the experience of marrying someone with loads of debt and having that debt weigh heavily on their relationship is a common one — a situation that causes guilt and resentment in equal parts and, if left unaddressed, can ruin a relationship. It’s far harder to deal with debt if the reveal comes after you’ve tied the knot.