"I have so enjoyed your book! It is easy to digest and very down to earth and so relative to us all. And the 30 day change emails are so helpful and upbeat." -Stephanie
Read More Testimonials»

On the Finances Blog

Bankruptcy: The Power of the Clean Slate

It doesn’t take many clicks online to find writing and advice on how to shape up your finances, even First30Days has a great financial advice section found here. There are...

Read More About Bankruptcy: The Power of the Clean Slate»

Our Having More Money Experts

Douglas Andrew

Douglas Andrew

Owner and President of Paramount Financial Services, Inc.

Shared by First30Days View Profile»
Barbara Corcoran

Barbara Corcoran

Founder of The Corcoran Group and real estate contributor...

Shared by First30Days View Profile»
Lee Brower

Lee Brower

Wealth trainer, consultant and author

Shared by First30Days View Profile»

Meet all of our Finances Experts»

News

The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

Money, Honey

Money, Honey

We all know that money and sex are the two things couples fight over the most. In most relationships there's one spouse who handles the money and one spouse who simply hands over the receipts. But, you may be doing your partner a
disservice to yourself—and the relationship—if you don't explain the rules of the game to them.

In many cases a family has a carefully constructed plan of action. Paychecks hit the bank here, bills are paid there. If they're frugal then some of that paycheck goes towards investments and savings, as well. But what happens if something were to happen to the financially savvy spouse? The other partner, having no idea what goes on in their financial world, is left out of sorts and unsure what to do. That usually means disaster when it comes time to pay the bills.

Financial planners and estate-planners are full of horror stories about couples who don't share information about their finances. For example, a husband decides to take a higher monthly pension payment that ends at this death some odd years later. If he had taken the lower pension payment, his wife would have been covered with those benefits for the rest of her life; however, since she didn't know, she ends up losing that money even though she depends on it every month. Now, something drastic has to be done
in order for her to survive.

Bottom line: make sure your spouse has knowledge of the family finances. If something happens to you, they need to know how to handle the affairs! [Kiplinger's]

Posted: 5/14/08