It's no secret that plenty of people have debt, sometimes lots and lots of debt, prior to getting married. And if it is a secret, hopefully, it comes as no surprise to the person who is about to be affected by this debt as well. Regardless of when you find out about your significant other's debt, the question stands, For Richer Or Poorer, Do You Take This Debt Too? The current breakdown in the total owed by average US households carrying this type of debt is as follows: Credit Cards: Continue Reading
3 Ways You’ll Learn To Love Your Spouse More With Budgeting
I have a great marriage. It's not perfect by any means, but Kim and I generally get along and like each other (as far as I know lol). I want to be in this marriage until death do us part. We all probably know or know of someone that is fed up with their marriage. They have a "just in case we divorce" fund on the side that their spouse doesn't know about. I've even heard of spouses taking consulting jobs (I'm in the IT industry) that require tons of travel because they DON'T want to be around Continue Reading
Why Renting As Newlyweds Can Be Better Than Buying
Once Omar proposed and we went into wedding mode, we had many things to take into consideration. There were plenty of conversations that went something like... Kim: Should I continue trying to pay off my student loans or only focus on saving for the wedding? Omar: How will we pay for this wedding? We have to try to pay cash since I paid cash for your engagement ring. Kim: Might as well keep the trend going! Besides, I don't want any bills later as a reminder just in case something goes Continue Reading
The Best Money We Ever Spent: Our Debt Free Wedding Story
Since it's the first day of spring and officially wedding season, I figured I would share our debt free wedding story. Weddings can be very expensive and time-consuming to plan. However, anything is possible when you put your mind to it. We actually planned our wedding ourselves (of course I did most of the legwork) and decided early on that we didn't want to go into debt to have our wedding. We used the budget tool on Wedding Wire to help us stay organized when it came to our budget. And we Continue Reading
