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.
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
Many couples have joint bank accounts throughout their marriage. This often happens either because they pool all of their money together or because they keep separate accounts but have a joint one to pay household bills. Another reason why spouses share an account is because one person is the budgeter in the family and needs access to the other's money. For millions of … [Read more...] about What Happens If Your Spouse Depletes Your Joint Account Before Separation?
According to one of Russell Brand's most recent YouTube videos, the number one reason why couples break up is lack of communication. We always hear it, but communication is truly key. It is better to overcommunicate than under-communicate. That is why I am bringing you these 100 important questions to discuss with your spouse to make sure you're both on the same page. Plus, … [Read more...] about 100 Important Money Questions Couples Should Answer Together Now
PT Barnum wrote the following back in the 1850's: "Mr. Beecher advised young men to get in debt if they could to a small amount in the purchase of land, in the country districts. 'If a young man,' he says, 'will only get in debt for some land and then get married, these two things will keep him straight, or nothing will.' This may be safe to a limited extent, but getting in … [Read more...] about PT Barnum on Debt, Family and Credit
Yahoo finance used to be a powerhouse of great personal articles and videos. Their quality has declined as of late, but there are still some gems to be had if you're digging through the archives. Here is a quick video I like by Farnoosh Torabi. In it she details some of the habits of people making more than $150,000 annually with $3.2 million in investable assets. … [Read more...] about Daily Habits of Wealthy People
If you are looking to forego the traditional flowers and chocolate gift this Valentines Day for something a tad bit more unique, might I suggest creating your own? No, I’m not talking about a rudimentary drawing with Cheerios or a macaroni necklace… I’m talking about a genuinely nice Valentine’s Day gift that you made yourself. … [Read more...] about Here Are the Best DIY Valentine’s Day Gift Ideas (For Him OR Her)
Whether you have been married 50 days or 50 years, money is likely a source of friction between you and your spouse at times. This is especially true if one spouse is a spender and the other one is a saver. Spouses with children don’t have to worry about who has the checkbook when a child needs money for lunch or school activities. Separate bank accounts may seem like an … [Read more...] about How to Decide if You Need a Separate or Joint Bank Account
Approximately 35.1 million Americans move every year. Most people expect to spend a decent amount of money during the moving process. There are just as many who are surprised at the final total of the bill. Fortunately, with some planning and preparation, you can cut moving costs and maximize efficiency. Here are just a few proven ways to save on moving costs this summer. … [Read more...] about Planning a Summer Move? Here Are Some Savvy Money-Saving Strategies
When it comes to estate planning, many people aren't really sure where to begin. With this process seeming overwhelming, some people continue to put off their estate planning until it's too late. Because of this, about 55% of Americans die without an estate plan in place. Unfortunately, this makes it difficult for remaining family members to manage assets and property. … [Read more...] about When There’s a Will, There’s a Way: Reducing Probate Fees