"Mom, can I have $20 bucks to go to the movies and get some snacks?” Kids are notorious moochers. Why work hard and learn to budget when some kids just ask their parents for money? As a grown-up DINK, you probably thought the days of borrowing money were behind you. After all, you’re self-sufficient now, and you don’t have kids to ask you for money repeatedly. However, some … [Read more...] about How to Deal with a Spouse Who Keeps Borrowing Money
Couples
How to Tell If Your Spouse Is Hiding Money
The number one cause of divorce is disagreements about money. While we may think of this meaning arguing about how you each spend money, there can also be a darker side. In some marriages, spouses hide money from one another. This can lead to divorce, especially if the behavior has lasting financial implications such as bankruptcy. … [Read more...] about How to Tell If Your Spouse Is Hiding Money
More Reasons Why DINKS Choose Not to Have Kids
People enter the DINKS lifestyle for different reasons. The most common reasons are that they don’t want children, can’t afford children, or can’t have children. However, while those reasons may comprise most DINKS couples in the United States, there are other, more nuanced reasons why couples choose to be DINKS. … [Read more...] about More Reasons Why DINKS Choose Not to Have Kids
Reasons Why Unmarried Couples Need a Will
As recently as 2010, approximately 15 million people live together as an unmarried couple (Nolo.com). Couples choose to live together rather than get married for a variety of reasons. However, if you’re one of these cohabitating couples, you need to realize that you don’t have as many of the rights and protections as married couples have. Therefore, you need to protect yourself … [Read more...] about Reasons Why Unmarried Couples Need a Will
How Narcissism Affects a Couple’s Finances
Narcissism is quite common in our culture. In fact, The Cleveland Clinic reports that “experts estimate that up to 5% of people have NPD [Narcissistic Personality Disorder].” When you consider the United States’ population of approximately 330 million, five percent would be 16,500,000! Not surprisingly, there are many famous people who are narcissists: Kanye West, Kim … [Read more...] about How Narcissism Affects a Couple’s Finances
3 Financial Mistakes DINKS Make
As DINKS, you may find yourself in a better financial position than many of your friends and family. After all, you have no children, which can be a huge money saver. The USDA estimates that “a family will spend approximately $12,980 annually per child in a middle-income ($59,200-$107,400), two-child, married-couple family.” In addition to not having children, you will also … [Read more...] about 3 Financial Mistakes DINKS Make
Reasons Why Couples Should Split a Tax Refund
My uncle and aunt kept their finances separate. She had her own account and income, and he did, too. When tax time came, they filed together, but my uncle took all of the tax return money. Of course, my aunt fumed about this, but the situation never changed. If you and your spouse have separate finances, equity is just one of the reasons why couples should split a tax refund. … [Read more...] about Reasons Why Couples Should Split a Tax Refund
How to Prevent Arguing with Your Spouse about Money
The Beatles sang, “All you need is love,” but when it comes to a successful marriage, you need much more than that. Finding a spouse who matches your lifestyle and beliefs is important, especially when it comes to money management. Money issues are often a significant factor in divorce, so to keep your marriage intact, learning skills to prevent arguing with your spouse about … [Read more...] about How to Prevent Arguing with Your Spouse about Money
Why Financial Transparency Is Important in Marriage
When Ronald married Shayla, they agreed to keep their finances separate. Shayla knew that she made less than Ronald, but she didn’t know how much less because he wouldn’t tell her. Meanwhile, they split household expenses equally. Shayla struggled to make ends meet on her smaller salary, while Ronald continued to buy and fix up old cars and eat out at restaurants frequently. … [Read more...] about Why Financial Transparency Is Important in Marriage
3 Side Hustles You Can Do as a Couple
Side hustles are becoming more prevalent in society than ever before. There are side hustles for just about every type of person, and new ones are being created every single day. Some ambitous individuals are even able to turn a side hustle into a lucrative full time job. Most people equate side hustling with being a solopreneur or working by yourself. However, that's just not … [Read more...] about 3 Side Hustles You Can Do as a Couple
