Financial Disclosure Before Marriage 2

I’m Miriam Neff, and I’m Valerie Neff Hogan, with Wise Women Managing Money.

M Money talk before marriage is vital.  Consider this scenario. What if diligent saver discovers the new spouse comes with a dowry of debt?  Trouble for sure.  Debt status, credit score, and spending habits need to be known before marriage.

V The second largest cause for divorce is finances.  Marrying hoping love conquers all is not a fact with finances.  Marrying, hoping ‘love conquers all’, is not a fact with finances.  Scripture advises that we not be ‘unequally yoked’ in marriage meaning marrying an unbeliever. 

V Continuing the visual, in marriage the couple needs to be pulling in the same direction, finances included.  Consider, before marriage taking a class in finances.  Better to know sooner rather than have surprises later. 

M Marriage requires compromise for sure, but starting out pulling in the same direction helps.