By Alexandra Talty
All is fair in love and finances. That might not be the original aphorism, but in a world of student loans, credit card debt and mortgages, millennials need to talk about money with their significant others more than ever before.
“For our younger generations, they are saddled with debt,” says Joe Buhrmann, Manager of Financial Security at COUNTRY Financial, “Come May, they will be picking a diploma with one hand and with the other a $30,000 loan.”
Luckily, 73 percent of millennials think that personal finance conversations should happen early in a relationship, according to the latest COUNTRY Financial Security Index. The survey also found that the younger generation is more accepting of a partner’s debt level than older generations, with 67 percent of millennials thinking that a potential partners debt level should be a concern, compared to 88 percent of Americans over the age of 65.
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