5 Money Mistakes Couples Make


4. Sharing Credit Cards and Other Types of Debt

Marriage is synonym for sharing everything, but it definitely doesn’t mean that you alone should share every annoying debt and credit bills of your partner. Split the bills but not the debt because you are not the one who took the debt or used the credit card innumerable times. Once you commit this mistake of sharing the credit cards, then you might have to pay the whole 5 or 6 figures amount, though you haven’t spent a fraction of it. May it wouldn’t have mattered to you during your premarital status, as you were not accounted for his/her debts, but after marriage, it definitely matters. So don’t be shy to back off from such situations of sharing crested bills, at least not too early.