This Brand Was In Debt

After only a little over a year of marriage singer Katie Perry and and comedian Russell Brand are calling it quits. Perry claimed she never saw it coming, referring to Brand asking for a divorce. Here's the thing, though. This couple, like so many high-profile pairs, was in relationship debt, and never became debt-free, which ate away at their marriage, causing relationship bankruptcy.

If you've got a 22% credit card debt and you only pay the minimum balance each month, because you are trying to build wealth by stashing aside some cash into your mutual fund that's returning 7% interest, you are losing ground fast. Before you invest and can move ahead, you need to get yourself out of the financial hole you are in first. Forget the 7% mutual fund, until you've dealt with the 22% debt!

In August of 2011, Us Weekly published a piece about how romantic the two were at the VMAs when Perry won a couple of awards. And, I don't doubt it, but there was already debt in the relationship, so this display of romaticism, was like putting a bandaid on a wound that required stitches. I mean in November of last year, Brand posted a video of him before he headed off to do comedy at some universities and joked about removing his wedding ring so he could bed some coeds. That's the debt. It was there before November, and it hadn't been dealt with.

Band had not gotten over sleeping with other women. It was something he was used to and enjoyed. I'm sure he thought once marrying Perry he would be over sleeping wit other women, but when he found he wasn't the couple had to deal with it.

You can't ignore the debt. It doesn't go away. And you can't fix it by investing elsewhere, by trying to be romantic in other capacities. It's a waste of time and effort. If you don't deal with the debt, your relationship will all into recession. Don't believe me, ask Kobe, Arnold, Tiger, Ashton and if you need more referrals, just let me know. I've got a huge list of ths who have claimed chapter 11 in love.