A Pre-Marriage Look at How Debt Affects Marriage

Debt affects marriage - Pixabay money-1721976_1920We’ve all read the fairy tales of the beautiful princess who married her “Prince Charming” and rides off into the sunset to live happily ever after. But what if the fairy tale ended this way? It concerns how debt affects marriage.

It reads this way:

The Prince was deeply in debt for the beautiful 4-bedroom castle and the new 6-horse chariot he had financed at high interest rates. The Princess was still paying for her school loans to Princess University. And she had racked up a lot of credit card debt while buying all the new clothes and accessories she had worn to the Prince’s ball.

It took all of their money to pay all the bill. And after a year or so, they began fighting over their increasing mound of debt. The Prince wanted to buy a new flat panel TV for the den. And the Princess wanted to go to Hawaii on vacation. Plus, both of their parents were pressuring them for grandchildren.

It wasn’t long before the Prince started spending more time at work and with his friends. The Princess spent more and more money decorating the castle to keep up with the Joneses. Arguments, bitterness, and silence followed. Finally, the Prince filed for divorce. He got the chariots, she got the castle, and they lived unhappily ever after.

The Fairy Tail Ends There

Seems a little ridiculous, doesn’t it? Yet, for more and more young couples, this fairy tale is more reality than fantasy…

Almost half of all new marriages in the US end in divorce. And financial problems are frequently cited as one of the main causes for divorce.1 These statistics have been broadcast for a while. But marriages are still ending day after day. What kind of financial problems are leading to marital breakdowns? And what can be done about it?

One of the most dangerous financial problems is debt. Most young couples come into the marriage carrying their own debt loads. And the debt only increases within the first few years of marriage. Many couples must acquire a place to live, and for most of them, this means buying a home.

Add to this debt automobile payments, furniture and appliances for the home, entertainment, vacations, clothing, and the list goes on. Loans from higher education are often added to this load, as well as medical bills. Having children also adds a whole new dimension of debt and financial burdens. It is easy to see why financial problems can be the major focus of stress and unhappiness in young marriages.

Debt Affects Marriage

A recent study showed that debt brought into marriage was the number one problem area for newlyweds.2 It is true that the first few years of marriage can be the most trying and difficult, and getting settled into life together takes work. Yet, so many couples start out their marriages with the odds stacked against them because instead of focusing on growing together as a couple, they are focused on financial survival.

Paying the bills is more important than paying attention to each other. Their increasing debt causes decreases in communication, resulting in couples growing apart and being unsatisfied with their marriage relationship. Many of these marriages end in divorce.

What can be done to save these marriages? The most obvious solution, of course, is not to carry any debt going into marriage. Many people are choosing to wait for marriage until they have paid down some of their debt or paid it off all together. Not going into debt in the first place would be the ideal situation. However, these ideas are not practical for everyone.

Minimize Debt

If you do find yourself carrying a debt load and anticipating marriage, try to minimize the debt as much as possible. Consider down-sizing your car to get out of a car payment. Or perhaps only having one car after you are married would help. Car pooling or taking public transportation is an option for many.

Taking on a temporary second job is a way to make extra money to put exclusively toward debt repayment. Look for other ways to cut back on expenses. This includes using coupons for groceries, eating out less frequently and cooking at home. It also includes buying clothing at used clothing stores or shopping for sales. Reconsider your cable, internet, and cell phone needs. Could you get by with lesser services for a short period of time in order to pay off debt? The more you can do now to pay down debt, the better off you will be later.

One very important way to decrease debt load is to not go into debt to pay for the wedding! A wedding can be beautiful, special, and memorable without being outrageously expensive. Look past this one, single day to the future. And decide whether your wedding day or your marriage is more important. Find creative ways to lower your costs on flowers, food, clothing, and more.

Go Slower in Accumulating

Once you are married, don’t try to accumulate in one year what it took your parents thirty years to accumulate. It is perfectly acceptable to rent a small apartment or home for a little while. Buying the large, family-friendly home can wait until you have a family. Used furniture and appliances are also acceptable and a lot less expensive. Be sure to communicate with your spouse about each other’s debts before getting married. Start working on a budget together. Work out a plan to pay off the debts as soon as possible and stick to it! Instead of pulling you apart, working together towards a goal of debt-free living can actually bring you closer together.

And then you really can live happily ever after!

Working Together for Your Family

God designed marriage to be the cornerstone of a healthy family. With credit card debt at an all-time high and the average couple spending 10 percent more than they’re actually making, it’s no surprise that financial strain now tops the charts as the leading cause of divorce and marital conflict. That’s why Focus on the Family® and Crown Financial Ministries have joined together to provide the resources you need to build a solid financial future-and a stronger marriage. There’s never been a more important time to make such a valuable investment in your family.


1 Benjamin, M. (2001). Money and mediation: Patterns of conflict in family mediation of financial matters. Mediation Quarterly, 18, 349-361.

2 Schramm, D. G., Marshall, J. P., Harris, V. W., & Lee, T. R. (2004). After “I do”: Marital satisfaction, marital adjustment, and problem areas during the first few months of marriage. Unpublished manuscript.

This article was formerly posted, with the title of “How Debt Affects Marriage,” on the web site for the helpful ministry of Crown Financial Ministries Crown.org.

We can hardly recommend this ministry highly enough. They have many wonderful resources available to help you get on the best footing financially in your marriage. They also have a wide-spread International outreach into many countries. Please check to see if they have help for your marriage in their country.

Print Post

Filed under: Preparing for Marriage

Join the Discussion

Please observe the following guidelines:

  • Try to be as positive as possible when you make a comment.
  • If there is name-calling, or profane language, it will be deleted.
  • The same goes with hurtful comments targeted at belittling others; we won't post them.
  • Recommendations for people to divorce will be edited out–that's a decision between them and God, not us.
  • If you have a criticism, please make it constructive.
  • Be mindful that this is an international ministry where cultural differences need to be considered.
  • Please honor the fact this is a Christ-centered web site.

We review all comments before posting them to reduce spam and offensive content.


One response to “A Pre-Marriage Look at How Debt Affects Marriage

  1. Married for over 27 yrs, 2 daughters, cash flowing college for both. When we started out, our parents had never gone to college, we got PELL grants, and we both finished college in 4 years. So how, did we get from being awarded PELL grants to having enough money that our children don’t qualify for financial aid? Easy… We paid off debts immediately and lived like we had nothing. We worked jobs that did not require any college degree while in graduate school and made double-payments on our first mortgage.

    Now that I’ve had a career-job for 20+ yrs, I find that life is not nearly as hard as others think it is. Nothing is as “unfair” as many young people claim. I know dozens of “millenials” that are earning at least 3 times what we earned when we started out yet have absolutely no money… Why? Because they are living like there are no rules or like the rules do not apply to them. Then they blame everyone else for their behaviors.

    Here are the rules 1. If you must borrow money, never take a consumer loan you can’t pay off in two years (yes, this includes cars). 2. Never spend more than you make -you must always allow your career to advance more quickly than your lifestyle, not the other way around. 3. Pay off your house BEFORE any other major investing like college, retirement, etc. Once everything is paid off, including the house, you must continue to live BELOW your means. If you do this, you will have plenty of money for college, retirement, savings, etc. and will have little to complain about.

    At present, our three biggest monthly expenses are college, taxes, and giving. I guess they are all forms of giving… not a bad deal, eh?