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
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
Abuse comes in many forms. While most people think of physical or emotional abuse, there is often a more subtle form of abuse that happens first—financial abuse. Financial abuse can happen in a marriage or a dating relationship, and it’s often the precursor to other forms of abuse. For that reason, learning the red flags of spousal financial abuse is essential. Knowing what … [Read more...] about What Are the Red Flags of Spousal Financial Abuse?
The phrase “the grass is greener where you water it” means that the more you work on your personal romantic relationships, the better they become. However, properly watering the grass requires significant time and investment in your relationship. … [Read more...] about The Grass Is Greener Where You Water It
If you are preparing to enter a marriage with substantial assets, you likely will want to have a prenuptial agreement to protect those assets. Having witnesses is not required when you sign the prenup, but it is recommended that you have two witness and a notary at the signing. There are many reasons why you need a prenup witness or two. … [Read more...] about Reasons Why You Need Witnesses in a Prenup
More and more couples are living together before they marry. While many of these couples may start out in apartments, the longer they live together, the more they may think of buying a house together. Especially in our current economic climate of record low mortgage interest rates, buying a home together seems like the next logical step in a committed relationship. Be … [Read more...] about Risks of Buying a Home as an Unmarried Couple
If you know you’re likely headed for divorce, you may want to protect yourself by selling assets such as property, personal items, cars, etc. However, there are many aspects to take into consideration before making any such move. Selling possessions before divorce can have serious repercussions in how the court treats you once you file the divorce papers. … [Read more...] about Can a Spouse Secretly Sell Possessions Before Divorce?
The perfect DINK formula is a couple with two incomes and no children. These couples may remain DINKs forever, or being DINKs may just be a stop on the way to having children. There are general assumptions about DINKs, so for fun, we created this DINK cliche test. Are you a perfect DINK according to the test? … [Read more...] about Are You a DINK Cliche? Take the Test.
Marriages are fragile arrangements. It is well known that marriages end in divorce about half the time. There has been a lot of scholarly debate on the exact percentage and whether the number is increasing or decreasing. But after all the debate is over and a given expert has to nail their colors to the mast, they agree that the rate is about 42 - 45 percent for divorce. That … [Read more...] about Here’s Why Financial Problems End Marriages, and How You Can Stop Them from Ending Yours
Jesse frequently talked of buying a sports car, but his wife, Maran, didn’t agree with the decision. She felt their money would be better spent traveling together and making memories. Imagine her surprise one Saturday afternoon when Jesse came home driving a cherry red convertible. Maran was angry and then hurt. How could Jesse make such a large decision without her? In … [Read more...] about How Unilateral Decisions Affect Relationships