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Reducing divorce risk with pre-marriage financial planning

It's no secret that financial issues can lead to the end of a marriage for Oklahoma couples. One survey found that nearly 60 percent of respondents say financial problems "somewhat" contributed to the end of their marriage, and 20 percent cited money-related matters as a "big" reason for their divorce. This is why an online dating coach urges couples not to walk down the aisle without discussing spending, saving and other financial issues.

Exploring the many reasons couples may opt for a prenup

Some couples preparing to tie the knot in Oklahoma are still under the assumption that a prenuptial agreement is only something for celebrities and wealthy individuals. In reality, prenups are simply an agreement between two parties stating how assets will be divided if a divorce occurs. Without such an agreement, property and asset division post-divorce is governed by the state. Some states require a 50/50 split, while others go by equitable distribution - division based on what each individual earned or acquired during the marriage.

Economic prosperity could boost risk of divorce

According to a survey conducted by the American Academy of Matrimonial Lawyers, attorneys are likely to have fewer clients seeking a divorce when the economy isn't doing so well. However, when the economy strengthens, some couples in Oklahoma may be more likely to have marital troubles lead to divorce. This also appears to be true with marriages where there is a noticeable discrepancy with earnings or credit health. About 35 percent of 2,000 adults surveyed by a leading bank holding company cited money matters as the main problem with their spouse.

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