Couples and Money – Debt

couples debt

It’s shocking how many engaged couples don’t have substantive discussions around disclosing their finances to each other, much less their thoughts, feelings, and beliefs around money. It’s common to get married and later discover that your partner has a huge amount of credit card debt that was not disclosed. This secret often comes to light unintentionally when bill collectors start calling, money seems to be unaccounted for, or a couple can’t qualify for a mortgage. According to a study by Dave Ramsey, “the larger a couple’s debt, the more likely they were to say money is one of the top issues they fight about.”

 

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About Rick Kahler:

Rick Kahler, MSFP,CFP ® , CFT-1™, CeFT ® , CCIM, president of Kahler Financial Group, is a life-long resident of Rapid City, SD. He began his professional career in 1973 selling and appraising real estate He founded Kahler Financial Group in 1981. He became the first fee-only Certified Financial Planner™ (CFP ® ) in South Dakota in 1983. In 2020 he became one of the first Certified Financial Therapist-Level I (CFT-I™,) in the nation.

His firm, specializing in the integration of investment advising, financial planning, financial coaching, and financial therapy, serving small business and real estate owners, professionals, and retirees, as well as individuals and families.

He served on and chaired the South Dakota Investment Council and served in leadership capacities with the Financial Planning Association and the National Association of Financial Planning Advisors. Kahler is also a nationally renowned speaker and educator. In 2003, National American University recognized Mr. Kahler with the Alumni Distinguished Service Award.

Interested in working with Rick Kahler, MSFP, CFP®, CFT-1™, CeFT®? Please go to our website, www.kahlerfinancial.com/request-an-appointment and fill out a request for a 30-minute free consultation.

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A podcast that blends the nuts and bolts of financial advice with the emotions that drive making them.

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