Debt brought into marriage is the number one problem for newlyweds and money is one of the biggest areas of conflict in marriage. This fact sheet addresses how debt negatively affects marriage relationships and how to develop a debt elimination plan. Some guidelines in this fact sheet for developing a debt elimination plan include: using good communication, establishing common goals, consolidating debt, switching to a credit card with a lower rate, and becoming a financial housekeeper. A worksheet is also included with this fact sheet for determining debt owed, along with additional recommended websites and readings.
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Debt Brought into Marriage: The Anti-Dowry.