As a life and relationships strategist to single adults, I find it very interesting when I come across men and women who feel as though they are truly ready for a committed relationship. The first question I generally ask is, “Have you, or are you continuing to develop yourself in all areas (e.g. spiritual, physical, social and financial) of your life?” The initial response is usually a resounding yes.
However, there is often one area many hide from: credit. When two individuals marry they connect to the credit history of their mate.
What will your mate inherit when they marry you?
Credit is often the elephant in the room no one wants to talk about. I am by no means advocating that you pull a copy of someone’s credit report — or offer up your own on the first or second date. However, I do encourage you to begin working on your credit during your “single season” and to continue once you’re married.
I challenge people to understand your current credit standing so you can develop an action plan for cleaning up and improving it, if necessary. Wouldn’t it be embarrassing for you not to assist in the qualification process of buying a home or automobile loan because of your credit? Make it a priority to clear up the little items (e.g. $30 past due bill owed to the cable company) on your report and develop an action plan to address any larger items (e.g. $2,000 owed to an apartment complex). Money is the primary excuse many people use to avoid dealing with debt and credit issues.
Here are a couple of options to help you address your financial situation: