Be Especially Careful About Starting Out a Marriage with Debt
Bringing debt into your marriage may make for an unhappier union. A 2005 study looked at survey data gathered from 1,010 randomly sampled newlywed couples and found that starting a marriage with consumer debt has a “negative impact on newlywed levels of marital quality.” Not surprisingly, those with the “highest amounts of debt (e.g., $20,000 – 50,000) had the lowest marital satisfaction and adjustment scores of all participants.”
But it may not doom the relationship. In another survey, 87 percent of men and 80 percent of women responded they would stay in a relationship in which their partner had substantial credit card debt or had filed for bankruptcy.