If you have found yourself in debt, talking to your partner can be one of the most difficult things to do. In fact, did you know that 80 per cent of people do not tell their partner that they are in debt? You don’t want your partner to worry or for them to feel ashamed of you. However, you should not have to carry the burden yourself, and keeping such secrets from your partner could lead to a relationship breakdown. With that being said, read on to discover some advice on telling your partner about debt.
What will your partner want to know?
Your partner will want to know how you got into debt. This can often be the hardest part of the discussion. Whether you developed a spending habit or you have a problem with gambling, be honest and upfront. This is the only way you will get the help you need. Your partner will also want to know how much of the outstanding debt remains, as well as whether you are being chased by creditors and if any legal action is being taken because of your failure to pay your debts. They will also want to know what you are doing to sort out the debt. Don’t enter into a discussion with your partner until you have a rough idea of the options available to you in terms of sorting the situation. Your partner is going to be much more open to helping you if they can see you have already tried to help yourself. If you are unsure regarding what to do to repair the situation, head to https://repair.credit/ first so you can get some professional advice before you enter into the conversation with your other half.
How should you tell your partner?
The first thing you need to do is make sure you find a time whereby there are no plans for the rest of the day so that you can deal with the issue properly. The last thing you want to do is cut the conversation short because one of you has to be somewhere else. Talk to your partner in a controlled and calm manner. Rehearse what you are going to say in advance if this would help. Reveal everything. You need to be fully honest. Now is your chance, so don’t hide the truth and state all of the facts. Show them your debts and also show them what you are doing to impact the problem. You should also talk about how the debt you are in will impact your lifestyle and relationship too. Relate.org.uk has more information on this. It can be a lot to take in, so your partner may need to process everything before responding fully.
Hopefully, you now feel more prepared to talk to your partner about debt. If you follow the suggestions above, you can ensure that your conversation is a productive one. There is no denying that the conversation is going to be a difficult one, but you will feel much better once you have gotten it off your chest.