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Marriage And Debt by taskmaster4450le

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· @taskmaster4450le ·
$21.92
Marriage And Debt
<center>

[![](https://img.3speakcontent.online/pkpeoahl/thumbnails/default.png)](https://3speak.tv/watch?v=taskmaster4450le/pkpeoahl)

▢️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450le/pkpeoahl)

</center>

---

Marriage is suppose to be about love and romance.  After all, love can overcome any problems.

Sadly, the reality is that it cannot.  The number one cause of divorce, according to researchers, is money.  This means that love tends not to overcome financial hardships.

This means the balance sheet of any potential partners is critical.  While it is not romantic to look at a potential mate like one would a business, with the numbers we are talking today, it is an approach to consider.

In this video I discuss how accepting the bad with the good might mean putting oneself on the hook for a lot of debt.  This is something that will not go away with divorce.  It is one thing to accumulate that during the marriage but to walk into it is a different matter altogether.

Are you aware of what you are walking into?

---

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@ai-summaries ·
**Summary:**

In this video, Task discusses the impact of debt on relationships, particularly marriage. He highlights how the increasing debt levels in developed countries, including student loans, automobile funding, credit card debt, and mortgages, are affecting individuals' financial health and their ability to enter into successful marriages. Task emphasizes that entering a marriage with a significant amount of debt can lead to resentment, financial strain, and potential conflicts. He underscores the importance of considering the financial aspects of a relationship and highlights that merging finances in marriage means taking on each other's existing debts. Task concludes by urging viewers to consider these economic factors when evaluating potential partners for marriage.

**Detailed Article:**

Task's video focuses on the economic implications of marriage and relationships in the context of rising debt levels in developed countries. He discusses how debt can significantly impact individuals' financial stability and, by extension, their ability to sustain healthy marriages.

Task starts by highlighting the declining pool of qualified individuals for marriage due to the increasing levels of debt people are carrying. He points out that debt has become a pervasive issue at all levels, from government to corporations to individuals. Student loan debt, credit card debt, automobile loans, and mortgages are discussed as some of the primary sources of financial burden.

The video delves into the consequences of entering into a relationship, particularly marriage, with substantial debt. Task emphasizes that in the US, once married, a spouse's debts become shared responsibilities. He underscores that financial problems are a leading cause of divorces, and having one partner burdened with significant debt can strain the relationship.

Task provides examples of different types of debt and their implications on individuals. He mentions that while debts like student loans can be justifiable for certain career paths, accumulating high-interest credit card debt or loans without strong financial prospects can hinder financial well-being.

Furthermore, Task addresses the challenge faced by couples who start their relationships with significant debt loads. He cautions against becoming financially entangled with someone who has a substantial debt that they have no feasible plan to repay. Task illustrates scenarios where one partner's responsible financial behavior is at odds with the other's poor money management, leading to potential financial difficulties in the relationship.

In conclusion, Task urges his audience to approach relationships with a financial lens, considering the long-term implications of merging finances with a partner carrying a heavy debt burden. He warns that inheriting a partner's debt in marriage is a serious financial commitment that cannot be easily absolved. By highlighting the economic impact of debt on relationships, Task encourages viewers to assess the financial health of potential partners before committing to marriage.

Overall, the video provides a thought-provoking perspective on the intersection of finances and relationships, stressing the importance of financial compatibility as a key aspect of successful marriages in today's debt-ridden society.
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@automaton ·
It’s amazing how attractive one becomes when you have tons of these $$$. Unless of course you have a Monero wallet that the wife does not know about. :)

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@cmmemes ·
Taskmaster's dating advice: think like a gold digger :))) On a serious note it's important to look at the money managing skills of your potential spouse especially if you want get married 

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@reonarudo ·
Ignoring the money personality of a potential spouse can be a serious mistake. Marriage is essentially an agreement enforced by the government where you agree on certain rather heavy responsibilities that become your legal obligations.

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@cmmemes ·
people reading this will assume we are a community of gold diggers :)))

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@taskmaster4450le ·
Well, not sure how it is where you are but if you are in the States, the other persons debts from before marriage become your debts.

If it is a big number, that is not something that people might want to walk into.

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@cmmemes ·
I didn't know about the debt part, I don't think it works the same in my country 

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@cryptoandcoffee ·
Yes it is funny how financial problems wreck many marriages. I think it depends on the individuals as if you love someone money is secondary. I have never made money into a big thing and then again have had debt but it is part of life and deal with it. If everyone fought over money then they are missing the point of a relationship as you are a team. I would hope when you got married you would be aware exactly what the finances are and deal with it before you tied the knot.

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@reonarudo · (edited)
>If everyone fought over money then they are missing the point of a relationship as you are a team.

It's not as simple as that. What if your spouse is irresponsible with money? Money is a serious matter. In what kind of a team do the members of that team not trust each other? It could be as bad as one team member scoring an own goal in every game. I don't think there exists a football team that wouldn't kick that player out sooner rather than later.

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@cryptoandcoffee ·
I agree and why you need to know before you get married. Everyone I know work together and have no financial troubles as they both have the same values. I get that some people hide things and aren't as truthful as they should be and where finances could be a problem.

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@drax.leo ·
This is an interesting subject. In many ways, I always had rather unromantic view of marriage (or domestic union, common law marriage, cohabitation or whatever the alternatives might be called) as an arrangement in which spouses recognise that their interests will be served better if they live together than if they live separately. And financial considerations must play an important part in it. 

Especially these days when marriage is becoming a luxury less and less people in modern societes are able to afford. 

   

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@jfang003 ·
I never really thought of it as debt being the reason. I thought it was because the internet has made most of the women picky and because they have chosen to work longer, they complain about not finding someone that fits them. But it definitely does make sense that debt will crush your spouse if you have no money management skills.

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@reonarudo ·
It's the young women moreso than the young men in America these days who have more debt that their degree helps them pay back. Young men are not stupid. Marriage seems to be somewhat passe anyway. The hookup culture reigns supreme in colleges.

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@jfang003 ·
Lol. It definitely is true and there are way too many horror stories about females right now. I don't know anyone who can look at those stories and rethink their commitment to a person.

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@pixresteemer ·
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 53 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-52-and-start-week-53) just started...you can now check the winners of the previous week!</center><center><sub>2</sub></center>
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@regenerette ·
That's why I haven't married until now :)

Hugs!
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@reonarudo ·
It's about time someone addressed this issue in a post. It is of utmost importance. Unmanageable debt loads certainly reduce anyone's, regardless of sex, eligibility for marriage.

The money management skills of one's spouse are very important for any investor. Let's say you're middle class and you come into some serious money by investing in crypto in a successful manner. You may be able to handle your money (or not) because you know exactly how hard it was to to earn it. But what if your spouse is one of these people who simply cannot handle money or at least the kind of money that you might now have? @denmarkguy discussed this issue in one of his posts where he wrote how his ex was good at making ends meet when money was very tight but who lost control once the situation got better. 

I think much of what makes people weak or skillful at managing money has to do with their future orientation, which has a major genetic component, but also the conditions they grew up under. Some people may be used to handling scarcity but have no idea how to live with abundance. 



Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@reonarudo/re-taskmaster4450le-3jxjek)
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@tfranzini ·
That's a good point. I believe some people are really sensitive about talking about money with their spouses and they avoid it at all costs when, in fact, it's one of the first things they should be discuss before they decide on a commitment such as marriage. 

If two people have very conflicting views on how to deal with money it's only a matter of time before things go south.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tfranzini/re-taskmaster4450le-4sywdz)
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@zangano ·
No wife=Financial Freedom😁😁😁
No wife=Financial Freedom😁😁😁

 Posted using [Dapplr](https://app.dapplr.in/S9XnuLM1JqEYHGjy8)
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