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Money fights predict rocky marriage, possible divorce

Published: Tuesday, July 23 2013 7:55 p.m. MDT

"Couples should set times where they talk about the budget and if changes need to be made to the way they are allocating their money. Ideally, this would happen each month, but as long as the couple reviews their budget on an annual basis or as there are changes to their financial situation, that would be adequate. This advice remains the same no matter how long the couple has been married. Our preferences change all the time, so it is important that how the couple is spending money reflects changing preferences."

Britt suggests couples who aren't married seek financial counseling before they wed. They should look at each other's credit reports and decide how to repay debt, including whether they'll tackle it as a team or each handle their own. Local accredited financial counselors can be found through The Association for Financial Counseling, Planning and Education website, http://members.afcpe.org/search.

She also cautioned against crediting reporting sites with a hidden agenda. She recommends http://www.annualcreditreport.com, where people can get a free copy of their credit report from each of three credit reporting agencies once a year, a service provided at the behest of the federal government.

The other study co-author is Sandra Huston of Texas Tech University. Like Britt, she is a professor and a financial counselor.

EMAIL: lois@deseretnews.com, Twitter: Loisco

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