While it's common for one partner to handle most money decisions in a marriage, it's important for planners to make sure to listen to both.It's not uncommon for couples to split up their household duties, with the more money-savvy partner handling the finances. But financial planners say cases where one spouse completely dominates discussions about money and investments while… Read More
In March 2013, Ginny McKinney and her husband, Dan, were shopping for a camper to pursue their dream of traveling to great golf courses around the country. Then Dan died of a heart attack. He was 62 years old and she was 59.“It was devastating. Grief is like an onion. You have the initial shock of the loss itself,… Read More
For many consumers, the real magic of the holiday season is the sleight of hand it takes to hide overspending from their spouse.Almost half of Americans say their spouses or significant others do not know how much they spend during the holiday season, according to a new survey of 1,000 U.S. adults from SwagBucks.com… Read More
Divorce throws a wrench in many long-term plans, from savings to retirement and beyond. If you're divorcing and have children, even if they are young, you should also consider the impact the end of your marriage will have on their college plans.Some states require divorcing couples to address how they will pay for their children's college education in their… Read More
- Bird nesting, whereby divorced or separated parents let their children stay in the same home while they take turns living in it, is getting mainstream attention.
- The arrangement, which is portrayed in a new sitcom, holds real-life pros and cons for former couples who try it.
- Financial experts urge families to keep lines of communication open and to… Read More
Nobody likes to talk about their debts and it's often the hardest part of negotiations in divorce.Too often, one spouse didn't realize the extent of the debt or perhaps there's always been conflict because one party is a spender and the other is a saver. Perhaps both spouses knew about the debt but didn't really pay attention to it… Read More