Tag: credit card debt
Almost everyone struggles with debt at some point. In my early 20s, I learned some hard lessons about credit card debt. In my early 30s, I paid back graduate student loans that soaked up a huge share of my income. I came out intact both times, but I can relate to having a big debt…
What can go wrong? Being in a couple complicates your decision-making. From an economist’s perspective, one advantage of marriage is the financial benefits. Marriage allows risk sharing between partners (e.g., one partner can work more if the other loses their job) and allows couples to take advantage of returns to scale (i.e., it’s cheaper to…
