10.03.11 The 4th Key for Evaluating a Prospective Partner’s Financial Readiness

4. Is Debt and Financial Risk Managed Responsibly?

Evaluate how the prospective partner approaches borrowing and financial risk. Does the person avoid unnecessary debt and act with caution when financial commitments arise; or does she or he take on obligations without clear capacity and to handle or fulfill them? Do they prevent financial strain or rely on rescue when circumstances become strained?

Asenath must have noticed Joseph’s ability to manage financial risk rather than depending on uncertain outcomes. The man secured provision for the nation before scarcity set in. As already discussed, the Bible records how he mitigated the risk of starvation by preserving food during the years of abundance so that Egypt would not be overtaken by the seven-year drought (Genesis 41:33–36). By preparing in advance, he reduced vulnerability and protected the nation from an impending crisis.

Bernard displayed irresponsible debt management. He had accumulated significant debt, evident from the unopened envelopes stuffed in a drawer, including utility notices, debt reminders and rent arrears that Martha found. He then secretly took on a huge stock from a Turkish trader, promising that Martha would bail him out; without her consent.

Responsible debt management is a crucial indicator of a prospective partner’s financial maturity. A person who avoids unnecessary debt, diligently pays off existing obligations and has a clear strategy for managing financial burdens demonstrates prudence and foresight. This responsible approach ensures financial stability, preventing debt from becoming a source of stress and conflict in your relationship and fostering a secure foundation for a shared future.