Personal Finance Advice for Married Couples
Many newlyweds are 30-something and are combining households and finances. Whether you're 19 or 90, there are a number of financial items that should be on any newlywed's To Do list after the excitement of the wedding dies down.
Couples and Money: How to Talk the Talk
It's been estimated that money issues are the driving force in 90% of divorces, but you CAN live happily ever after, financially speaking, if you work at not letting financial issues come between you and your partner.
The Family CFO: The Couples Business Plan for Love and Money
The Family CFO takes a novel approach to personal finance among couples by teaching them to apply the same principles they use at work to their money lives.
Joint or Separate Checking Accounts?
These days, it's not necessarily a given that newly married couples will merge their individual checking accounts into one joint account. Finances are often complicated by previous marriages, child support or alimony, student loans, existing mortgages or credit card debt, and other issues such as a sense of autonomy and financial independence. Sometimes combining all income into a joint checking account can muddy the waters, add confusion and complications, and cause resentment and power struggles. So, what's a couple to do?
Can You Afford To Have Kids?
Financial experts say a home is the biggest investment most people will ever make, but they're forgetting about the cost of raising children, which far exceeds the average home price in the US. The changes that accompany adding a new little member to your family can be stressful, but you can reduce the stress greatly by minimizing the financial factor.
You Can Afford To Stay Home With Your Kids
If you or your spouse want to stay home and raise your kids, but think you can't afford to, you're not alone. But you may be mistaken in thinking that you couldn't get by on one salary. More and more women (and men) are finding creative ways to enable one parent to stay home.
Dollars and Sense for Kids
Kids don't learn about money by osmosis. They don't magically learn to become financially responsible. Nor do they usually learn sound personal finance practices in school. How will you teach your children to be more financially successful, avoid living from paycheck to paycheck, and steer clear of crippling credit card debt?
Financing Your Kid's College Education
If you're the parent of a newborn or young child, the cost of four years in a public college by the time your child is 18 is expected to cost in excess of $100,000; a private school, over $200,000. What's a parent to do? Learn how to prepare for the $100,000 price tag.