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Getting Married or Partnered
Remember, when you enter into a marriage or domestic partnership, you aren’t just asking the other person to share in your life; you’re also asking them to share in your finances. And like every other aspect of a relationship, this requires a great deal of discussion and compromise.
When it's time to join your lives, how the heck do you join finances? We can show you.
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You guys are the couple who make it all the way; but just in case, we'll help you draft an escape clause.
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Before you know how to manage your money, you have to know what you want to do with it. We'll show you.
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'Til death do you part... with your money. How to integrate finances with a loved one.
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If you've been afraid to read your credit report, we can help you understand this important document.
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Before you plan your finances, you need a system. We'll help you get started.
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Making your wishes clear in a will can save your next-of-kin a lot of trouble. Click here to read more!
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Now that you've decided to buy insurance, what policies are right for you? We can help make that choice.
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Sure you don't need disability insurance - until you find yourself unable to work. We'll help make up your mind.
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If you don't think you need life insurance, you might want to reconsider. Read here for more info.
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When it's time to insure yourself, we can teach you how to be a smart insurance shopper.
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When it comes time to doing taxes, you want to hire the best. This handy guide can show you what to look for.
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Let us help you manage your windfall.
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To do list – Getting Married or Partnered -
Quiz – Find out if you're ready to tie the financial knot.
The first step is to sit down and decide whether or not a prenuptial agreement is right for you. Sure, it isn’t exactly the most romantic conversation you’ll ever have, but a strong prenup can go a long way towards keeping the peace, especially in the event that, Heaven forfend, something goes wrong somewhere down the road.
And while you’re talking (if you’re still talking), it’s important to decide on the best way to combine your finances. Examining your respective credit reports is fairly important; before you walk down the aisle, you should know exactly what you’re walking into.
You might even want to begin thinking long-term; from getting the right insurance assistance – health, life, disability - to making (or changing) your wills, the sooner you plan for the future, the easier life will be when it gets here.
Sure, it may all seem a little intimidating, but with a little forethought, and a lot of communication, you’ll be able to establish a financial record-keeping system, discuss your shared goals, and set up a system for managing your money. And once you’ve gotten that out of the way, you’ll be able to concentrate on the important things: like whose turn it is to take out the trash.
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Posted By Adryenn Feb 25 5:45 PM
The most critical conversations a couple can have are before they get sideswiped by a financial crisis. Just like a disaster preparedness plan is ...
The most critical conversations a couple can have are before they get sideswiped by a financial crisis. Just like a disaster preparedness plan is in effect in every school, every marriage should have a game plan to fall back on in times of overwhelming stress. One of the key stressors in second marriages is child support, or more specifically bad accounting practices in child support agencies nationwide. In one state, 27% of the accounts overstated the amount owed! That's more than 1 in 4 who lost their license or worse, their freedom. What would you do if that happened in your marriage? Understanding the rules of the game is why I wrote "Every Single Girl's Guide to Her Future Husband's Last Divorce." Because you can never be sure that things are going to stay rosy. So have a game plan, and keep it up to date. Knowing that you've planned for success will help keep you together through the thick and thin. -Adryenn Ashley
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Whether to get a prenuptial agreement isn’t exactly the most romantic decision you and your partner will make, but it is one of the most important. Not every couple needs one, of course, but given today’s high divorce rates, a small argument over the terms of a prenup today can help avoid messy alimony fights and child custody battles a few years down the road. Is a prenup right for you?
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We all have financial goals. Some of us have short-term goals, like buying a car or getting out of debt. For others, the emphasis is on reaching long-term targets; paying a child’s tuition, for instance, or supporting elderly parents. You may even be at the stage where you’re planning for your retirement.
It's important to set those goals now. We can help. Read
It's important to set those goals now. We can help. Read
Getting married is an exciting event, but the financial planning decisions that come with it can be daunting. Things can become even more stressful if one or both of you doesn’t have your finances in order to begin with. Luckily, since you are making a commitment to spend the rest of your lives together, you'll have years to determine the best way to meet your financial goals. This checklist will help insure that your marriage starts on a firm financial footing.
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You may find yourself ordering a credit report to determine your credit score, track possible identity theft, or find the lowest mortgage interest rate. It's tempting to ignore it for fear that you won’t be able to understand it, or are scared by what it will reveal. Your credit rating is an essential financial tool that you must be aware of.
Click here for an easy overview to help you make sense of credit ratings. Read
Click here for an easy overview to help you make sense of credit ratings. Read
Setting up a system that works takes less effort than diving into boxes of receipts at the last minute; staying organized can help you keep track of your money, make better financial decisions, and even avoid an IRS audit. Spending a few hours getting your finances together costs a lot less than spending thousands to get an accountant or tax attorney to clean up your mess. So, let's get you organized.
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No one wants to have to think about their own death; and yet, if you truly love your relatives and next-of-kin, the best way to avoid adding pain to your passing is by making your wishes clear in a will. While laws vary from state to state, in general, without a will, a judge in probate court decides where all of your stuff goes and to whom. And despite the relative ease and affordability, over half of all adult Americans still haven’t drafted one.
When it's time to cover your assets, we have some tips to get you started. Read
When it's time to cover your assets, we have some tips to get you started. Read
How much professional help do you really need when buying insurance? With websites providing quick and convenient quotes and comparisons, it’s easy to believe that all you need to find the right policy is a long lunch break and a high-speed Internet connection. But sometimes, finding the right coverage for your needs can be a complicated matter requiring professional expertise. Before you decide, let's weigh the pros and cons of hiring a pro.
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Do you think that you’re too young and fit to worry about disability insurance? Think again; it’s never too soon to start planning for the event of a long-term illness or debilitating injury. Three out of ten workers entering the workforce today will become disabled before retiring. Almost half of the 6.8 million workers currently receiving Social Security Disability benefits are under the age of 50. Combine odds like these with the escalating costs of living, and it’s tough to argue against having disability insurance.
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Life insurance isn't just for the elderly; if you have dependents, you need life insurance to provide for all the things your income would normally pay for. Things like mortgage payments, tuition bills, and month-to-month expenses. They may also need additional money to cover funeral costs, estate taxes or old debts. This article can help you determine the right option for you.
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Starting a new job is a perfect time to secure your safety net. There are three types of insurance coverage you can typically expect to receive through your new employer: Health, disability, and life. And if your job doesn't supply coverage for you and your family, it can be dangerous to succumb to the temptation to forgo the cost and skip it altogether.
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Death and taxes are unavoidable. Fortunately, it's possible to get help when dealing with the IRS. For many taxpayers, getting tax assistance can save money, time, and headaches. Whether you need to survive an audit, file a tax return, or make enough deductions to qualify for a big refund, here’s a guide to finding expert tax advice.
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So a small sum of money has fallen into your lap. Now's the time for champagne all around and keep it coming! Or... now could be the time for rational financial planning. You can spend your money, save it, invest it, or use it to eliminate your debt. Or perhaps even put some thought into early retirement. Even if your windfall won’t make you a millionaire, with careful planning you can still use it to make progress toward your financial goals.
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