They say that money can’t buy happiness. While that may be true, the topic of finances in relationships can often be the pace car in how far your relationship is going to sail or not sail into the sunset.
“Money problems” is still a front runner in the leading causes of divorce in the United States and has remained there for decades. A 2009 study found that couples who disagree over money once a week are 30% more likely to part ways than couples who have those same disagreemen... [More]
When you get married, you are taking on joint financial liabilities. This is a fact, like it or not.
Just because you fell in love with someone who has destroyed their credit, doesn’t mean you have to live with it. However, you probably have to help fix it. If your spouse has poor credit, it can affect your joint credit accounts and potentially prevent you from opening certain accounts or receiving certain loans. In fact, until you straighten out your spouse’s credit, you may want to... [More]
One of the biggest decisions newlyweds have to make is how to go about combining their bank accounts. This decision requires a lot of discussion around personal money habits and short- and long-term financial goals. Depending on the couple, this conversation may be short and sweet or it may be excruciatingly long and painful.
I hate to be the bearer of bad news, but this money discussion will not be your last. No, not even close. It is important that you regroup on a regular basis to discuss you... [More]