Difference between dating serious relationship
This way, when the time comes to have a serious money talk with your future S. In fact, it’s a wise idea to talk about finances when dating. If your date doesn’t take the topic seriously, this may be a red flag. With all this talk about how to date or be with someone in debt, it’s time to turn this on its head. For starters, you shouldn’t be ashamed to talk about it.
Secondly, be prepared to make changes to your money situation and don’t be embarrassed to discuss this with your S. It’s important to come clean about your debt as dishonesty can cause arguments, mistrust, and even end your relationship.
The takeaway: debt doesn’t have to be a deal breaker in serious relationships.
Instead, talk about your finances and understand what’s important to you before committing to any relationship.
By being honest about your own money values, you and your S. may have a better shot of working together on shared financial goals.
Making the Transition Knowing if You’re Ready Determining if Your Relationship is Ready Community Q&A There can come a time in your relationship where you want to make the transition from just dating to officially being in a relationship.
Let’s say you and your significant other decide it’s time to commit to a serious relationship.
There’s just one issue: he is in debt and you’re not. In fact, 20% of married baby boomers and millennials fight about credit card debt.
I didn’t want to be with someone who didn’t manage money wisely.You will need this as you may eventually move in together, get married, have kids, buy a house, or combine finances in other ways.When you manage money together, it helps to be on the same page.And, 41% of millennials say excessive debt can cause conflict in a relationship.On the other hand, 70% of millennials think that effectively handling debt repayment can lead to a more healthy relationship, according to Money Magazine. Although not everyone talks about money or money problems, it’s important that you have a money discussion with your partner before your merge funds or get more serious about your relationship. plans to do something about his debt and come clean with you about his money problems.
In my case, I told my husband that I’d help him pay off his debt because I wanted it gone as soon as possible.