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Study: Money the Leading Cause of Stress in Relationships

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December 5, 2013


(NECN) – A new study from the American Consumer Credit Counseling finds that money is the leading cause of stress in all relationships.

Matt Paradise, community outreach leader with the ACCC, joined us to talk about the results.

Paradise said, “Communication is critical.”

He said it’s necessary for couples to work together with funds.

He said to share goals, create a spending plan, manage money together, consider credit scores and keep some personal money for oneself.

“I think being able to take a light-hearted approach is important,” he said.

Paradise said the communication doesn’t have to be a tense argument, but can be fun to envision the future.


American Consumer Credit Counseling (ACCC) provides nonprofit credit counseling, financial education, debt relief consolidation and debt reduction services for consumers nationwide. We offer free credit counseling to help individuals and families learn how to pay down credit card debt and how to eliminate debt altogether. As an alternative to expensive unsecured debt consolidation programs for settling credit card debt, our debt management programs help consumers pay off debts and manage credit card debt more quickly by consolidating payments. We also offer debt negotiation services to help reduce finance charges and interest rates. And our financial education services show consumer how to manage money more effectively and how to get rid of credit card debt more quickly – usually in five years or less.

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