Debt Plus Marriage Equals Divorce
It doesn't have to be that way.
Let me explain.
When things are good, the bills are paid, and there is money left over for each spouse to pursue their own interests, all is wonderful in love.
Then things turn sour, less income is coming in, debt is mounting and one of you or both of you have to give up some of the things that you enjoy.
Maybe give up something that even 'completes you'.
This is when the marriage starts to falter.
Rather than choosing to 'fight for each other', you may start to choose to fight for the things you don't want to lose.
If you see no way out of debt, think that debt counseling will not work, you're in way over your head, contemplating divorce, these are the kinds of tough times that test a marriage.
The car, the house, the furniture, the jewelry, the credit cards, I say sell it and sell it all.
It's not worth the marriage.
You can always buy another car.
You can always buy another house.
The jewelry?, The jewelry is an investment, it is not a treasure.
If, after both of you together, have taken a serious account of your income and your debt, asked for debt counseling and have determined that there is just not enough money to keep the house, the car, the furniture, the credit cards, then choices have to be made.
If the options to get out of debt and to earn extra cash have been exhausted, then both of you should decide on the next course of action.
Divorce should not be one of your options.
Every financial situation is different, but the fundamentals of marriage are all completely the same.
There is nothing more unique than the person that you have chosen to spend the rest of your life with, the person that you have chosen to have a family with.
It is for the sanctity of marriage and it is for the treasure that you see and call your husband or your wife that you should fight to save.
Four things should take priority: o Food: You have to eat to keep from falling over.
It's just common sense, right? Temporarily you may not have the best diet in the world, but you could survive with less nutritional foods.
o Housing: You need a place to live.
If you can't afford the mortgage then getting a smaller house with a smaller payment may be in order, perhaps a less expensive side of town.
o Clothes: You have to dress decent either to continue working or to find employment.
Non-designer clothes for you and the entire family.
o Transportation: Trade in the $400 to $600 financed monthly car payment along with the monthly full coverage insurance payment for a $3000 to $5000 car with a warranty.
All the rest of your debts should be negotiated as you go along.
I have seen one too many marriages fail simply because the money was not right.
The irony is, that it's the marriage that is priceless.
Everything else is just going to have to wait.
Let me explain.
When things are good, the bills are paid, and there is money left over for each spouse to pursue their own interests, all is wonderful in love.
Then things turn sour, less income is coming in, debt is mounting and one of you or both of you have to give up some of the things that you enjoy.
Maybe give up something that even 'completes you'.
This is when the marriage starts to falter.
Rather than choosing to 'fight for each other', you may start to choose to fight for the things you don't want to lose.
If you see no way out of debt, think that debt counseling will not work, you're in way over your head, contemplating divorce, these are the kinds of tough times that test a marriage.
The car, the house, the furniture, the jewelry, the credit cards, I say sell it and sell it all.
It's not worth the marriage.
You can always buy another car.
You can always buy another house.
The jewelry?, The jewelry is an investment, it is not a treasure.
If, after both of you together, have taken a serious account of your income and your debt, asked for debt counseling and have determined that there is just not enough money to keep the house, the car, the furniture, the credit cards, then choices have to be made.
If the options to get out of debt and to earn extra cash have been exhausted, then both of you should decide on the next course of action.
Divorce should not be one of your options.
Every financial situation is different, but the fundamentals of marriage are all completely the same.
There is nothing more unique than the person that you have chosen to spend the rest of your life with, the person that you have chosen to have a family with.
It is for the sanctity of marriage and it is for the treasure that you see and call your husband or your wife that you should fight to save.
Four things should take priority: o Food: You have to eat to keep from falling over.
It's just common sense, right? Temporarily you may not have the best diet in the world, but you could survive with less nutritional foods.
o Housing: You need a place to live.
If you can't afford the mortgage then getting a smaller house with a smaller payment may be in order, perhaps a less expensive side of town.
o Clothes: You have to dress decent either to continue working or to find employment.
Non-designer clothes for you and the entire family.
o Transportation: Trade in the $400 to $600 financed monthly car payment along with the monthly full coverage insurance payment for a $3000 to $5000 car with a warranty.
All the rest of your debts should be negotiated as you go along.
I have seen one too many marriages fail simply because the money was not right.
The irony is, that it's the marriage that is priceless.
Everything else is just going to have to wait.
