By Jeanne Sahadi, CNN
(CNN) — If your partner is in a tough spot financially and you want to help cure the problem, you might take a beat to consider the circumstance holistically before doing anything.
In this week’s Ask the Expert for CNN’s Savings Challenge, Douglas Boneparth, certified financial planner and founder of Bone Fide Wealth, offers one reader advice on the best way to approach the issue of his wife’s large debts.
The reader wrote: “Hi Doug, my wife has $20k in credit card debt and $100k+ in student loans. She’s not the best at managing her money and I want to help her with a plan to manage her debt. How can I help?”
DOUG: First, let me just say that the fact that you want to help her says a lot…