It’s not one topic that “dominates my day,” Angela. However, there’s a consistent similarity to most of the questions I receive.
They’re frequently about families who disagree about how to spend and save their money…
Mothers are skeptical about their sons’ auto insurance and their daughters’ online bank accounts. Fathers worry about their daughter’s student loans. Sons are upset at their mothers’ credit card debt. Daughters want me to convince their parents to let them buy a new car (and I usually disappoint them).
More than parents and children arguing, husbands and wives ask me for advice — most often so they can tell their spouse, “See? I was right!”
While prevalent, this isn’t surprising. Debt.com has often cited studies showing money is the most heated topic among married couples. Personal finance experts like me would have a lot less to do if couples talked honestly about their views on spending and saving before they walked down the aisle.
If you ever see couples squabbling over their debts, Debt.com can help them like it helped you. Tell them to call one our experts at 1-800-810-0989.
Have a debt question?
Email your question to firstname.lastname@example.org and Howard Dvorkin will review it. Dvorkin is a CPA, chairman of Debt.com, and author of two personal finance books, Credit Hell: How to Dig Yourself Out of Debt and Power Up: Taking Charge of Your Financial Destiny.