Reason #423 Why You Should Check His Credit
Filed in Couples and Money on August 18, 2009 with 12 comments
This is so unfortunate but it speaks to my thoughts around checking your mate’s credit and not totally giving up the financial reigns in a relationship. I can relate to being consumed with wedding expenses and planning and maybe even being tempted to skip a few bills but at what cost?
Check the video to find out!
I think they can work past it, but this involves such a sense of betrayal for this woman, to have her car repossessed on her wedding day has gotta hurt!
What would you do in their situation?
At first, I was speechless. Didn't think I'd have a single thing to say in the comments! But I do:
Marriage is an economic agreement as much as it is a romantic one. Do not marry someone unless you are prepared to become economically "one" with them. This includes discussing debts, assets, and most importantly values and future goals. If you marry someone with money problems, those money problems become yours. And it's your own fault for not finding out about them beforehand.
(Now, obviously someone can lie to you and have those lies come to the surface after the wedding. It happens. But it's less likely to happen if you can get your fiance to sit down with all bank statements, credit reports, etc. on the table. It's hard to hide things that are in black and white on paper.)
My God! I cant even imagine…
Talk about a lack of trust, along with all of the other jitters that come along with the wedding!
Here's a better one: why don't both of you get a CPA together and discuss credit reports then?
Can't believe this….reason enough for me to unsubscribe. Sorry.
Here is the email response received from Ginger regarding my above post:
"Lmao!! You're probably one of the ones we avoid with bad credit! Lol"
Wow. Thanks for the financial advice.
Meanwhile, I will go running to my other blog subscriptions, ones that actually discuss and deal with real financial issues, other readers and lurkers should take note:
1. Get Rich Slowly
2. Generation X Finance
3. The Simple Dollar
3. I Will Teach You to be Rich
4. Consumerism Commentary
Wow, wow, wow! More than I can't even imagine how the bride must have felt, I can't imagine how she would agree to marry someone and have no clue what their financial situation was. Also, I feel it goes both ways.
Men should also be concerned about the financial situation of their future mates. If neither party ever even thinks to bring up the subject prior to the wedding day, the couple likely has bigger issues and are possibly already headed towards failure.
It's unfortunate. A prime example of preparing for a wedding instead of a life.
Your article on this blog is fantastic. Well done! I'm a big fan of your blog and be sure to keep up the great work.
I plan on returning and linking to your site.
Sincerely,
Author
The Alan Haft Blog,
lol "what do you mean you not all of it" … "my momma told me not to marry you"
wow, its like that free credit report commercial. if i were her i be hitting my new husband.
Any other good templates out there.
[...] by Ginger on Aug 20, 2009 • (0) Earlier this week the post, Reason #423 Why You Should Check His Credit went live on this site. What followed was angry commentary from men who were no less than PISSED [...]
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Great finance blog you have. I was looking for information on mortgage loan refinance and debt consolidation and I found your blog.Some extra knowledge I got to know from your blog. I will be back to visit your blog again.