| February 5, 2016

Valentine’s Day: Roses and Thorns

How many couples fight about money? The number might surprise you.

With Valentine’s Day fast approaching, what better time to ask happy couples how much they argue about money? That was the thinking of Fidelity Investments, which polled 1,000 couples nationwide and learned, “nearly half of couples argue about money.”

Seeing eye to eye on personal finance

 
It seems 47 percent of couples argue over “spending habits,” “not saving enough money,” “bills,” and “debt.” While unfortunate, those numbers aren’t necessarily surprising – until you drill down on who those couples are.

Because Fidelity is an investment firm, it had an interest in polling “married or in a long-term committed” couples who “have a minimum household income of $75,000 or at least $100,000 in investable assets.”

Even though these couples are more affluent – the typical household earns around $53,000 a year – they not only fight, but “1 in 4 couple who argue say their spats are never resolved.”

So you can imagine the financial strains on couples who make less than $75,000 and have no money to invest because they’re in debt.

“Of all the strains on a relationship, debt is among the worst,” says Consolidated Credit president Gary Herman. “Unlike a single fight over, say, which family to visit for the holidays or what kind of car to buy, debt never ends, unless you take action. You can resolve those other issues and move on. Your debt? It doesn’t just stick around. It grows until you are committed to ending your relationship with debt.”

That’s why Consolidated Credit has answered the question When is the Right Time to Talk about Your Finances? Also check out The Debt-Free Wedding Planner. If debt is stressing your relationship to the breaking point, you can get immediate – and free – help by calling a certified Consolidated Credit counselor at .

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

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Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

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Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

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