7 Financial Conversations Every Indian Couple Needs Before Marriage

2. Disclosing Debts and Financial Obligations

Debt can be a significant stressor in a marriage if not addressed early on. Couples should openly discuss any existing debts, such as education loans, credit card debts, or personal loans. It's essential to be transparent about the amounts, interest rates, and repayment plans. In India, where family obligations can also contribute to financial burdens, discussing any expected financial support to family members is crucial. This conversation helps in creating a realistic picture of the financial landscape and allows couples to strategize on debt management together, ensuring that both partners are on the same page regarding financial responsibilities.