Posts Tagged ‘honeymoon’
Hidden Debt Revealed After The Honeymoon
June is the beginning of “Wedding Season” and excitement is in the air for so many. Wedding dresses, bridal showers, bachelor parties all leading up to the moment you are standing before each other with a room full of people watching getting ready to take your vows.
Both of you wil say “I Do” and the officiant will say, I now present to you Mr. and Mrs. Pictures will be taken and the reception will be in full swing. The next thoughts will be of the honeymoon. Within two weeks of the honeymoon it starts… you begin seeing bills and more bills coming in the mail that you didn’t know about.
You feel puzzled but then discover within your marriage there exists hidden debt. Whether you are the bride or groom, when hidden debt is revealed it is time for MONEY TALK now. Before you even think you want to point the finger, let me caution you. If you chose not to discuss money prior to saying “I Do”, both of you are to blame.
Money Talk is a conversation that continues throughout the course of marriage. It is not a one time discussion. Now that both of you are aware there is hidden debt, the following are steps you can take to begin the conversation:
Step 1: Both of you need to forgive each other for not talking about existing financial obligations prior to saying ” I Do.”
Step 2: Agree that you will be honest and share about your existing financial obligations and not judge each other for choices that you made before you became husband and wife, although both of you will have to agree on how to handle it.
Step 3: Each person takes a turn and share what their financial obligations are independent of each other.
Do not be the bride or groom who decides because hidden debt is now revealed you want to bailout. That is not the answer. If you would like assistance with learning how to talk, send me an email. Let’s talk.
