Donna’s grown daughter, Felicia, asked her mother for money to start a new business venture. Donna didn’t feel comfortable with the business, but she wanted to help her daughter. Plus, she knew if she said no, Felicia would threaten Donna by withholding Donna’s access to her grandchildren. Donna pulled the money from her retirement account. Four years later, Felicia’s business, … [Read more...] about How to Set Money Boundaries in Relationships
Family
How We Benefitted from Premarital Counseling
My husband and I dated for nine months before he asked me to marry him. I said yes immediately, but I had some concerns about getting married—not to him—but getting married in general. My parents had always had a rocky relationship, and I didn’t want to repeat that in my relationship. We decided to go to premarital counseling, which was one of the smartest decisions we … [Read more...] about How We Benefitted from Premarital Counseling
Can You Sue Your Spouse for Theft?
When you’re married, you expect to work with your partner to accomplish your life and financial goals. As the old saying goes, two are better than one, and with double the earning, saving, and spending power, couples often find they have an easier time getting ahead financially than their single friends. Unfortunately, for some couples, a marital union doesn’t help them get … [Read more...] about Can You Sue Your Spouse for Theft?
6 Signs You’re with a Financially Compatible Spouse
The more compatible you and your spouse are, the smoother your relationship. When you live with or are married to someone who shares your values, you can more easily work together to reach your goals rather than fighting because you have different views and values. This is especially true if you’re with a financially compatible spouse. Not fighting about money but instead … [Read more...] about 6 Signs You’re with a Financially Compatible Spouse
How to Financially Care for an Aging Loved One
In a perfect world, finance plans are always in place. Unfortunately, it is not a perfect world, and you may have to step in and help your senior loved one with finance matters. Seniors are especially vulnerable when it comes to finance scams. They often have not planned far enough ahead and need assistance managing their finances. These tips will help you to financially care … [Read more...] about How to Financially Care for an Aging Loved One
How I Planned to Discuss End of Life Planning with My Parent
Recently, I drove 2,000 miles from my home to my 72-year-old mother’s home. I hadn’t seen her for two years, so I was excited to visit. However, I also had another motive in mind. While visiting, I wanted to discuss end-of-life planning with her. Imagine my surprise when she was the one who initiated the discussion with me! … [Read more...] about How I Planned to Discuss End of Life Planning with My Parent
How to Choose the Best Living Accommodations for Your Aging Parent
As your parents get older, you begin to see signs of decline, and you have some awareness that they may need help. They may forget to pay bills or lose things. You may begin to see that everyday tasks become difficult and frustrating for them. You also know that while they may be frustrated by these things, they also do not want to become a burden to you or anyone else. If … [Read more...] about How to Choose the Best Living Accommodations for Your Aging Parent
7 Tips for Couples to Effectively Grow Wealth Together
The media loves to point out that one major cause of divorce is financial disagreements. Maybe the media talks about that so much because every marriage in the United States has a 40 to 50% chance of ending in divorce. That’s enough to make you consider not getting married! However, consider the flip side of this that’s never mentioned in the media—couples who effectively grow … [Read more...] about 7 Tips for Couples to Effectively Grow Wealth Together
Will Your Health Insurance Cover Vasectomy Costs?
If you’ve decided as a couple that you don’t want to have kids, you likely spend both time and money making sure you have effective birth control. As you reach your 30s, you may look for a more permanent birth control. A woman could choose to have a tubal ligation, or a man could choose to have a vasectomy. However, many doctors prefer to perform these surgeries on people in … [Read more...] about Will Your Health Insurance Cover Vasectomy Costs?
Insurance Policies DINKS Should Have
We often think of documents like life insurance being just for those adults with children, but as DINKS once you reach a certain age or a certain level of responsibility, you should have a level of insurance protection. Surprisingly, sometimes DINKS need certain insurance policies more than their peers with children. What follows are the insurance policies DINKS should have. … [Read more...] about Insurance Policies DINKS Should Have
