Here’s how debt management can make or break a relationship

When Connecticut residents are looking for love, they have a certain set of requirements that they are hoping will be met. Among those is finding a mate that has achieved a degree of financial security, and who is able to manage money effectively. If those qualities are not present, then many people will simply move on to the next prospect. That is why achieving steady debt management is essential.

A recent survey asked 1,000 people how they feel about student loan debt. Approximately 75 percent of respondents said that high levels of student loan debt was “baggage” that would be brought into a union. Some people claimed that excessive debt was more concerning than a past divorce, a child or a non-violent felony conviction.

Single people are urged to take a close look at how and why a prospective partner is deep in debt. Red flags include having a casual attitude about heavy debt and having no remorse over the situation. Positive factors include having a clear plan for emerging from debt, as well as displaying modified behavior that indicates a change of ways in terms of finances.

For those in Connecticut who are looking for love and also looking for serious debt relief, it is important to seek a debt management program that can provide swift and measurable results. Missing out on a wonderful relationship because of high debt loads would be a shame. This is an area where taking a proactive approach can make all the difference in the world.

Source: journalnow.com, “Is debt a deal breaker when dating? Four signs that it is.“, Michelle Singletary, Aug. 13, 2017