Talk About Money Before The Wedding. Or Fight Over it through Divorce

Illustration for article titled Talk About Money Before The Wedding. Or Fight Over it through Divorce

I  am really bothered by the results of a recent poll of engaged couples on the  website of the National Foundation for Credit Counseling. The poll  reveals that 68 percent of respondents held negative attitudes toward  discussing money with their fiance. Five percent indicated that talking  about money with their fiance would cause them to call off the wedding.  Well, guess what? If you can’t talk about your finances with your  fiance, you should call off the wedding!


I’ve  said this before, and I’ll keep saying it until the  message gets through: You can talk about money before you get  married—or you can fight over it through the divorce. Court records show  that financial issues remain one of the main contributing factors, if  not the outright cause, of the conflicts that result in 50 percent of marriages ending in divorce. If the inability to have the money talk causes you to  delay, or even cancel, the wedding, good. Better a cancelled wedding  than a devastating divorce. I speak not just as a money expert, but from  personal experience when I say that the latter is far more costly—and  more painful.

image credit: mcneil-law

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