In many marriages, only one-half of the couple manages the finances. While delegation of duties may be a time management issue, it can be a problem when something happens to the marriage or the spouse who handles the money. Couples should be on an equal playing field when it comes to their finances.
Tag: marriage and money
When you’re in a long-term, committed relationship, the topic of combining your money will eventually come up. And since financial problems are a leading cause of divorce – especially when partners hide money from each other – combining your finances is an incredibly important part of coming together as a couple. Yes, combining is scary, but keeping your finances separate can hurt your relationship long term. Because of that, here are some things you should think about and ways to ease the transition into combining accounts.
Although we never like to think or talk about it, divorce is an all too common occurrence to which no marriage is immune. If you are considering a divorce or are currently going through with one, emotions are probably running high and out-of-control. Of course, divorce is a devastating experience, but approaching it as level-headedly as possible will ensure that you don’t make mistakes that could spell doom for your financial future. Here are a few tips.
Welcome to Quizzle’s Top Money Tips Roundup, where you’ll find this week’s top five most interesting, helpful and unique personal finance articles from around the Web. This week’s edition covers why marriage might not be good for your finances, side jobs that pay big bucks, tipping on take-out, how to save cash at the club and retirement tips for the new year.