marriage: How Does Money Management Affect Your Marriage?
- 03/19/12 04:15 AM
It's common for married couples to have conflicts about money, some say it's the greatest conflict in marriage. So how do you avoid conflict and make money management a priority in your marriage? On today's Equifax Finance blog, the director of education for eCredable tackles the issue with helpful tips on how to make a successful marriage. It may be unlikely advice but the prevailing theme is that money needs to be an open, ongoing conversation within your relationship. When you decide you want to marry someone, you're also marrying their finances and financial habits. From understanding fiscal compatibility when … (2 comments)
marriage: Protect Your Assets: Why You Need A Prenup
- 12/07/10 01:43 AM
While reliable data on divorce rates is hard to come by, everyone who has been through a divorce can confirm that it’s devastating—emotionally and financially.Discussing a prenuptial agreement with the love of your life is not easy, which is why so few people have them. It’s difficult to say, “I love you, but let’s talk about what happens if it doesn’t work out.” Nevertheless, it can be a matter of pay now or pay later. If you want to protect your home and your assets in the event of a divorce, personal finance expert Dan Solin offers some basic guidelines for … (1 comments)
marriage: Investing As A Couple Can Lead to Marriage Stress
- 09/07/10 09:45 AM
Retirement fund expert and Equifax Personal Finance Blogger Dan Solin offers an provocative new insight in his latest blog: investing with your significant other can ruin the relationship. Dan writes: "Many couples believe in togetherness, which can be a good thing. However, there are dangers to investing jointly that should give even the closest duos pause.Remember the best-selling book Men Are from Mars, Women Are from Venus, by John Gray? The difference in the way men and women view the world has particular applicability to investing.As many women know, men generally don’t lack confidence. They typically love the “action” of … (3 comments)
marriage: Joint Debts And Divorce
- 06/09/10 06:08 AM
If you have a debt that came about during marriage, will that debt be a joint debt? Is it possible to have a debt during marriage that belongs only to one of the spouses? What if you inherit money and then incur debts and file for divorce? Who will be liable for those debt? So many questions. For the answers, go to ThinkGlink.com … (0 comments)
marriage: Unromantic Money And Tax Talks Before Marriage
- 06/07/10 08:06 AM
TaxMama Eva Rosenberg shares some of the things you should talk about with a partner before marriage. Read the full story at the Equifax Personal Finance Blog. You should walk into a marriage with your eyes open, knowing about your partner’s financial problems—and being willing to work on them. It’s a betrayal when you learn, a year or two later, about the unpaid back taxes, the unpaid child support, the student loan defaults, or other loan defaults. How much do you earn? How much do you have in savings? Do you have any qualified retirement plans that you own or … (2 comments)
marriage: First Time Home Buyer Tax Credit Not Available If You're a Recent Home Owner
- 03/02/10 08:03 AM
When it comes to the IRS and the home buyer tax credit, the rules are rather strict. To qualify for the $8000 first time home buyer tax credit, you must not have owned a home as your residence for the last thirty six months. You can still qualify for the tax credit if you owned other types of real estate, but you can not have owned residential real estate if you used that home as your residence. And, if you want to qualify for the $6500 home buyer tax credit, you must have owned a home for the last 5 … (3 comments)
marriage: Should You Pay Spouse's Mortgage Debt After Their Death?
- 09/10/09 09:15 AM
Q: Am I responsible for my deceased husband’s mortgage debt? My name was not on my spouses mortgage debt when he died. Can the mortgage company hold me responsible for this debt?
A: My condolences on the loss of your spouse. It’s unlikely that the mortgage lender can hold you responsible for your spouse's debt after his death. Your deceased husband’s estate is responsible for the debt on the house. If his estate has assets to pay off the debt, the estate may have the obligation to settle those debts. If you want to keep the house, you will have … (2 comments)
marriage: Selling Home to Pay Off Debt
- 04/23/09 09:17 AM
When you're deep in debt you may think you should sell your home. What if you live with someone in this situation? Is it your responsibility to help him or her pay off debt by selling the home the two of you share? You need to calculate how much each of you has spent on the property's maintenance, mortgage and renovation to determine how much each of you should get from selling the home. If you're unmarried and don't have a partnership agreement you need to familiarize yourself with your state's common law marriage rules. Question: I have been in a … (0 comments)
marriage: Refinance to Save Costs Pending Divorce
- 04/23/09 08:59 AM
When you're facing divorce you may have to figure out what to do with your primary residence. If you plan to keep your primary residence but have to live on a smaller income, you may want to refinance to get a better interest rate and save money. How can you decide whether it makes sense financially to refinance your mortgage loan? Look at the mortgage loan fees when trying to decide whether to refinance. Question: My husband and I are in the process of separating, and in looking at my finances, I’m afraid I won’t be able to pay all of … (0 comments)
It's common for married couples to have conflicts about money, some say it's the greatest conflict in marriage. So how do you avoid conflict and make money management a priority in your marriage? On today's Equifax Finance blog, the director of education for eCredable tackles the issue with helpful tips on how to make a successful marriage. 
;)
;)
;)
