NEW YORK ( TheStreet) -- Getting married isn't just a union based on love, but one often beset by at least one partner's financial troubles.
Before you stand at the altar, it is important to know where you stand financially as a couple. You aren't just joining together your hopes and dreams, but also combining your money habits, spending patterns and even past debt.
As both the average marriage age and student debt loads rise, it is likely at least one partner will enter the marriage with significant debt. The average student loan debt is now more than $25,000, and the average credit card debt is almost $5,000 per borrower. These debts can cause significant stress on a new marriage. Revealing all debts early can ease the stress, and help the new couple start paying it down as soon as possible.
Getting married does not automatically make you responsible for debts incurred by your spouse before the marriage. Your partner's debt will only show up on your credit history once you are added to the accounts. However, the debt will still affect you when it comes to your household's income since there will be a lot less money to save, pay other bills or spend in ways that are much more enjoyable than debt payments.Here are 10 financial tips for newlyweds: