You don’t need to be a world-class attorney to make smart decisions about protecting yourself and your assets in divorce. But you do need to be mindful, have a little understanding about how investments work and most of all, put your emotions aside. Here are the top 5 steps you can take to make sure […]
Money and Marriage
No matter how together you are personally, if you and your “better half” are not on the same page when it comes to money you’ll find it difficult and frustrating to move forward toward financial security.
Here are a host of articles that can help you both communicate and learn as you build your financial lives together.
How To Loan Money To Family Without Losing Both
Lending money to family is rotten idea. If you can find a way NOT to do it, don’t. Of all the financial mistakes I’ve ever seen, loaning money to family or friends is probably the biggest. When your brother in law comes to you looking for a bail out, point them in enlighten them about […]
Teaching Children About Money By Sharing Your Financial Information
Do you share your financial information with your children? If so, how much information should you share? I personally think it’s very smart to include children in the financial reality of your family’s situation as soon as it makes sense. Here’s why: It dispels the notion that money grows on trees. It demonstrates that you […]
Would You Get Along Better with Your Spouse if You Made More Money?
Many people believe that if they only made more money, they would be happier and they’d get along better at home. Without the financial stress they’d have nothing to argue about they believe. My own experience tells me this is a bunch of hooey. I’ve been talking to people about money for over 25 years. […]
Is Your Spouse A Cheapskate?
If your spouse is a cheapskate (or you think he/she is) it can easily lead to arguments and resentments. Even if he or she really isn’t the tightest person in the world, just having this opinion is really dangerous. Fights about finance are the top predictor of divorce according to Kansas State University research. I’m not […]
How to Deal With Adult Children Living At Home
Are you ready to have your adult children living at home with you again? Like it or not it’s a distinct possibility. According to a Pew Research Center survey done recently almost a third of all parents in the United States are seeing their adult children move back home. I have two adult children and […]