Study: Money the Leading Cause of Stress in Relationships - NECN

Study: Money the Leading Cause of Stress in Relationships

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    Study: Money the leading cause of stress in relationships

    Matt Paradise of the American Consumer Credit Counseling has advice on how to communicate about finances (Published Sunday, Jan. 26, 2014)

    (NECN) – A new study from the American Consumer Credit Counseling finds that money is the leading cause of stress in all relationships.

    Matt Paradise, community outreach leader with the ACCC, joined us to talk about the results.

    Paradise said, “Communication is critical.”

    He said it’s necessary for couples to work together with funds.

    He said to share goals, create a spending plan, manage money together, consider credit scores and keep some personal money for oneself.

    “I think being able to take a light-hearted approach is important,” he said.

    Paradise said the communication doesn’t have to be a tense argument, but can be fun to envision the future.