Personal finance is extremely personal; remember to avoid any conversations that can be perceived as judgmental or belittling. What will this debt mean for your life together or your financial goals? Opinion HuffPost Personal Videos. Identify ways that you are able to help without it costing you financially. A series of unexpected life moments such as a car accident, emergency vet bill or home repair may have contributed to the debt. Talk about any debt you may currently have or have paid off before focusing the attention to their situation.
If so, this lays the foundation for regular check-ins with each other about money issues as there is more chance of problems.
What To Do If You Find Out The Person You’re Dating Is Deep In Debt
Talk to them and find out how much the debt is, and more importantly, how the debt was accumulated. If so, this lays the foundation for regular check-ins with each other about money issues as there is more chance of problems. Identifying the underlying issues allows you to help your partner overcome any potential bad habits and assess strategies to pay it off faster. You may need to put some of these goals on hold until your partner gets their debt under control. If you feel uncomfortable broaching the subject, frame it as a conversation about your future together. This question will help you gain a better understanding of the kind of person you are dating.