Can anyone advise on splitting continuous data in to high and low groups for analysis with spss ?

I have some continuous data (variable 1 ) and I want to look for differences on (variable 2) which is also continuous data. However I want to examine if scores are significantly different on V2 from those scoring high on V1 from those scoring low on V1. My first thought was to to use a median split to form high and low groups, but I have found several sources saying this is a bad idea, but they do not suggest alternatives.

I am sure this type of analysis must be required often, but surprised the answer is difficult to find. If you have the solution to this problem I would be very grateful and also appreciate any reference for your suggested approach.

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