Starting A Marriage Off Right

Dustin got married two weeks ago. His wife has some school debt, and Dustin saved some money to eliminate the debt as soon as they got married. Should he go ahead and wipe out the debt today?

QUESTION: Dustin in Shreveport got married two weeks ago, and he has no debt except for the house. His wife has some school debt, and Dustin saved some money to eliminate the debt as soon as they got married. She owes $10,000, and he saved more than that. Should he go ahead and wipe out the debt today?

ANSWER: Yes. The only question I’ve got is, is she on the same page with you? You’re not going to wipe this debt out, and she’s going to go buy a new car on payments or something stupid like that? As long as you’re on the same page, you’ve got a great start because you did a great thing to get ready to be married here, and you’re married. You’re home from the honeymoon. Write a check and pay off the debt. You’re a debt-free couple. I love it, man.

Jump-Start Your Goals!

Jump-Start Your Goals!

Get our 8-Day JUMP START series and weekly newsletter that are packed with articles and tools to help you win with money.

Reach Your Money Goals

Reach Your Money Goals

Start with a budget. Join the millions already budgeting with EveryDollar!

Create My (FREE) Budget

Thank You!

Your 8-Day Jump Start is on its way to !