Finance expert urges couples to have debt discussion before marriage

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KYW News Radio

It’s wedding season, but for some young couples the joy of the event can be obscured by the amount of debt they bring to the marriage. Temple Fox School of Business finance Professor Jonathan Scott says it’s important to talk about debt before marriage because payments can dictate financial priorities. “I find that a lot of kids say, ’I’m not a numbers person.’ Well, I don’t know how you are going to survive if you are not a numbers person," he said. "There is some basic financial literacy that everyone needs to have.”