The Debt Trap
By DatingSOS Editor • Dec 15th, 2007 • Category: Financial planningA reader emailed me today in reaction to our post about a new show looking for couples in debt. A common problem is one partner actually being the spender, while the other nervously sits by the sidelines wringing his or her hands.
The new sub-prime mortgage mess has left many couples not only in great financial distress, it has left many without a house to live in and likely a slew of relationship problems. Who is to blame for mortgages and other loans you really couldn’t afford? Your wife or husband, or should we blame the banks?
It really does not matter at all who is to blame: most couples spend all their energy and time focusing on who’s fault it is they are officially have bad credit loans. Instead, they should focus on climbing out of it, together. Even if you want to blame the bank for approving you for loans you could not afford (and the bank should know best, right?), it doesn’t help you one bit. Although you may think they got you into it, they will not bail you out!
There are services out there that will help you get back on track financially, and this can put your mind to rest and save relationships (splitting up is actually more expensive than staying together, so keep that in mind as you are throwing the blame-ball around).
Badcreditoffers.com is one of these services that can help couples, and singles alike, navigate their financial distress and come out winners. Your money troubles may not go away overnight, but alone you will certainly never get there! Stay strong, stay together, and get richer as a result.
DatingSOS Editor has been a freelance writer for over five years, and published more than 100 articles in a variety of publications. She is always on the look-out for new ways of keeping a date busy and enjoys her hectic love-and-work schedule
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[...] you are neck-deep in debts, then treats may have to be taken off the table entirely for a while. You won’t be able to sort out your financial relationship unless you both agree and stick to aOne person putting in all the effort, and the other guzzling daily $6 coffees will only create resentment and further relationship and financialproblems. [...]