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Consumer Debit

Posted on March 21, 2010.
Consumer DebitI am a saver, but my buddy has 25k debit to the consumer.?

In the long term - I fear we face financial styles will destroy our common future. Anyone have experience something like that to overcome?

buddies go!

Get a boyfriend reposible.

Couples compete for money more than anything else. Its debt should not have trouble getting as it has a reasonable plan to fix it. This is his debt not yours. You may want to suggest otherwise financial advice to stay out of it until the relationship turns into something long term as engagement or marriage. Keep your finances separate until you and only you feel comfortable with your money mix. Make sure that his idea to fix it, do not include using your savings.

I have no personal experience, but here is some information that might help. I think it's great that you know at least of its debt and be aware of your differences. Being able to speak openly and positively about what will be the key.

I loved this article on the subject: http://money.cnn.com/2006/08/23/pf/spend ...

Here's a quiz you can take: http://www.valueyourmoney.org/couples-an ...

Good luck.

Do not marry "him, did not sign a loan or a map of the cooperation [credit sign with him, unless he declares bankruptcy or pay the debt, financial ruin you ....

if he went into debt due to unemployment, medical bills, etc school as a different kind of cut him some slack. If it was for bar tabs, films, while IGC can be a problem. Good work on the savings! My wife has a burden of debt, but when we got tainted, most of the school and YES some stupid debt, it was too extravagant. We both worked very hard to clear that up now, it dose not have a credit card and even better not to think about.
Yes money is a big problem in relationships, but communication and teamwork that will be more coming

Congratulations to the saver! In marriage, husband and wife are supposed to take care of each other, physical, emotional, spiritual and financial. If he can not take care of himself financially, do you really think he can take care of you?
I recommend that you both go to university Dave Ramsey Financial Peace. Pitch it to him in pre-marital counseling. If he goes into the course and still loves the debt, you know what you have to do.

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