Date Night Club (August 2019): Let’s Talk Debt


Let's start with an icebreaker question ...

Do you think there’s such a thing as good debt? Why or why not?


  • Did you stay on track this month?

  • Did any surprises come up - positive or negative?

  • Did the way you used your money align with your values?

  • If you got off track, what's 1-2 steps you can each take to get back on track again?

Check out this video about good debt, bad debt, and relationships ...

Discussion (Part 1):

Let's begin at a high level ...

  1. What role did debt play in your life growing up? What role does it play in your life now?

  2. How would you define good vs. bad debt?

  3. Do you need debt to meet your financial goals? Why or why not?

  4. Do you think that both partners should be responsible to pay off debt incurred by just one partner?

  5. Don’t agree on use and repayment of debt?

    1. Is there a way to meet in the middle?

    2. Are there limits that will work for you both?

    3. If one partner is more comfortable with debt, are there ways you can protect the other partner from being financial liable for that debt?


Create a family covenant about debt based on your conversation. Be sure to add in a promise to always be honest about debt whether it’s just in one person’s name or both.

Discussion (Part 2):
Now, let’s compare where you are today to where you’d like to be ...

  1. Does our current use of debt match up with our covenant? Why or why not?

  2. If not, what changes will we make to gain alignment again?

    1. Looking for a process to help you pay off debt? Check out this blog article.

    2. Curious about how to break the cycle of debt use? Check out this week's blog article.

    3. Need some help crafting a plan to repay your debt? I’d love to help you frame out your big repayment goal, make a clear repayment strategy, and give you the accountability and encouragement you need to move forward. Join me for a Big Goal Strategy Session – use the offer code DATENIGHT to get 50% off.

See? That wasn't as hard as you thought!

Need help crafting your covenant? Send me an email at: and let me know where you’re getting stuck.