Art Rainer: When Not to Have the Debt Conversation With Your Boyfriend or Girlfriend

The statistics on money and marriage are dire. In surveys on divorce, divorced couples frequently cite financial struggles as the reason for their separation. Money has a way of bringing deeper, underlying issues to light—poor communication, selfishness, distrust and unrealistic expectations, to name a few.

So it isn’t surprising that dating couples want to avoid talking about money. You have a good thing going. Why ruin it with money?

But if you have debt, you know it needs to be addressed at some point. At times, the fact that you have not revealed your debt situation to your boyfriend or girlfriend feels like a big weight on your shoulders. You want to be transparent, but wonder if now is the right time. You don’t want to scare them away, but you don’t want them to feel duped either.

So when is the right time to have the debt conversation?


“I’m glad we can finally go out together. This restaurant looks great. By the way, I have $38,000 in student loans, a $5,000 car loan and $2,000 in credit card debt. I’m pretty much a financial mess. Have you ever eaten here before?”

When you first start dating someone, you certainly want to get to know them and for them to know you. However, you don’t want to get too personal too quickly. And your financial situation is personal.

Your financial future will affect your future spouse. Your finances become their finances. You become one in everything (Genesis 2:24). But the person sitting across the table may not be your future spouse. So make sure you are OK with the initial, more surface-level interaction before you do a deep dive. Don’t lay your heart (and your finances) out there before you know they are ready to see it and you are ready for them to have it.

Go ahead and order an appetizer and enjoy the meal. But don’t show them your car loan papers yet.


“What do you think about this wedding cake? It’s chocolate and vanilla. By the way, I have four credit cards that have about $26,000 on them. I used one to pay for part of my school, which wasn’t the best decision. The interest rate is sickening. Here, taste this cake.”

You can talk about debt too early. But you can also wait too long. A good indicator that you have waited too long is if you have asked for lifetime commitment but still haven’t revealed your debt. A lack of transparency is not a good way to start a marriage or an engagement. Waiting too long may cause you fiancé to feel duped and wonder what else you have not revealed to them.

So don’t pop the question or say “yes” and then hand them a credit card statement. Be transparent before the lifetime commitment is on the table.

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Source: Relevant Magazine

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