Jenny in Atlanta and her husband are in a tough spot, she told The Ramsey Show. She and her husband have around $50,000 in debt — $20,000 in credit card debt alone and another $30,000 in car loans and other consumer debt, including medical and IRS debt. “My husband and I are getting a late start,” she says. She’s 45 and he’s 51, but they still rent and they haven’t saved anything for retirement. This is despite Jenny working three jobs, her husband working two — and the couple bringing in about $7,500 a m ...

Core Insights - Financial incompatibility is a significant predictor of divorce, with money being the primary issue couples argue about, second only to infidelity [2] - Couples who do not engage in honest financial discussions before marriage are at a considerable risk [2] Group 1: Financial Compatibility - Debora, a 55-year-old in a long-term relationship, is concerned about her partner Sam's financial situation, which includes $80,000 in debt, comprising $50,000 in medical debt and $30,000 in high-interest credit card debt [3][4] - Debora is financially stable, owning a house valued at nearly $1 million, with $600,000 in retirement savings and $200,000 in other investments [4] Group 2: Asset Protection - Debora's concerns about her assets and Sam's debts post-marriage depend on state laws, particularly in common law states where pre-marriage property is considered separate [6]