Money secrets from Suze Orman
Suze Orman, one of America’s most famous personal financial advisors, recently sat down with Yahoo! Shine to answer a few questions about personal finance. But her advice isn’t the typical, boring stuff you’ve heard over and over again. She brings a more holistic view to the table by looking at how money affects our entire life. Here’s an excerpt from the interview:
Shine: On the show taping that I attended, you had a few couples who were struggling financially in their marriage; can you talk a little bit about the importance of couples discussing finances prior to getting married?
Suze Orman: The number one reason for divorce today in the U.S. is from arguments over money. “M” just doesn’t stand for marriage, it also stands for money. The first conversation that you should be having before you say “I do” is money conversations: What is your FICO score? Do you have credit card debt? Do you have student loan debt? Are you good with money? Do you like to save? You need to keep your eyes open when you are first in a relationship with someone. You have got to be as financially intimate with somebody as you are personally intimate.
Full story at Yahoo! Shine.
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Photo credit: FotoliaPosted by Lily Koi