Create a debt repayment plan together: There’s no getting around the fact that you have to pay the money back on your debts. In fact, not only is your credit rating on the line, but your marriage may very well be, too. So build a debt resolution plan together. Visit a financial advisor as a couple (if you don’t have one, visit the National Association of Personal Financial Advisors website for help) or contact a debt relief agency together. You can find one that’s legit at the Association of Independent Consumer Credit Counseling Agencies website.
Don’t let financial infidelity ruin your relationships. Get in front of the problem, admit you have a problem and enlist your spouse’s help. Because if you think debt is a big headache, imagine how another “D” word – divorce – will add to your financial woes.