10 Tips For Balancing Love and Money


Updated 02/06/12 1:26 PM · Posted by SavvySugar · 2 comments

Money Issues in Relationship

It's a sad but common tune: debt threatens to divide or break up an otherwise strong couple that hadn't set up any financial ground rules. Love and money don't always go hand in hand, which means it's crucial to consider the long term repercussions of sharing your life and bank account with another person. There's no magical credit card or anti-debt potion, but here are some tips for keeping the Read more

Should You Use Separate or Joint Accounts?


Updated 10/11/11 6:22 PM · Posted by · 0 comments

Should We Use Separate or Joint Accounts?

We're thrilled to present this smart Kiplinger story here on Savvy! In every serious, long-term relationship, you reach a special moment when one of you has to pop a very important question: joint or individual accounts? (To be clear, this query is not fit for first-date chitchat; merging your finances is as big a commitment as exchanging keys or vows.) The right answer will be as unique as you Read more

Ask Savvy: Should We Combine Accounts Before Wedding?


Updated 08/19/10 2:54 PM · Posted by · 8 comments

Combining Finances Before Marriage

This question comes from Gennarator in the Ask Savvy group. Dear Savvy, I just got engaged to my boyfriend of four years. We have lived together for four and a half years (roommates before). We have always been great with sharing expenses. We have never had any problems with sharing the responsibilities of bills, groceries etc. Recently my fiance has been pushing to combine bank accounts Read more

8 Things Couples Should Consider Before Setting Up a Joint Bank Account


Updated 02/01/12 10:23 AM · Posted by · 0 comments

How to Start a Joint Account

We're thrilled to present this smart Business Insider story here on Savvy! When it comes to marriage or a long-term domestic partnership, the whole "what's mine is yours" idea isn't always the wisest way to approach your finances. That doesn't mean there isn't a way to make joint bank accounts work, but Dr. Taffy Wagner, CEO of Money Talk Matters, cautions partners against ditching their Read more

Which Tax Records to Keep and Which to Toss


Updated 04/23/12 3:05 PM · Posted by · 0 comments

Keeping Tax Records

Now that you're done with taxes, it's time to do a little Spring cleaning with your financial documents. Kiplinger advises what to keep and what to toss. It's smart to keep your tax returns indefinitely. Old returns can provide important background information in a variety of situations — for example, if you're applying for a mortgage, applying for disability insurance or trying to figure out Read more

Mad Men's 5 Maddest Moments: "Far Away Places"


Updated 04/23/12 5:23 PM · Posted by · 2 comments

Mad Men Recap "Far Away Places"

The relationships of Peggy, Don, and Roger are the focus of this week's Mad Men, and we see them each engage in some pretty dramatic behavior while dealing with their personal lives. Peggy and Don can't find the best balance between their partners and their careers, while Roger seems to finally get the resolution he needs from his marriage in order to move forward. There are a couple of jarring Read more

Don’t Forget These 5 Tax Breaks


Updated 04/09/12 4:55 PM · Posted by · 1 comment

Important Tax Breaks

Tax Day is nearing and when you're rushing to file, don't forget these tax breaks cited by Kiplinger for a bigger tax refund. With the tax-filing deadline coming up very soon, I'm still getting a lot of questions from people about potential tax breaks. Before you file, see if you’re eligible for the following deductions and tax credits. Tax breaks for college costs. The American Opportunity Read more

Mad Men's 5 Maddest Moments: "Tea Leaves"


Updated 04/02/12 12:27 PM · Posted by · 2 comments

Mad Men Recap, "Tea Leaves"

On this week's episode of Mad Men, Betty's back — and in an, um, "big" way. Thanks to January Jones's real-life pregnancy, Mrs. Francis has packed on a few pounds after what appears to be more than one afternoon spent on the couch with a box of Bugles. Things take a dramatic turn when Betty's mother-in-law advises a trip to the doctor, and he finds a tumor in her throat. As Betty contemplates Read more

8 Things to Double-Check When Rushing to File Taxes


Updated 03/27/12 3:10 PM · Posted by · 0 comments

Common Tax Mistakes

Tax Day, which is on April 17 this year, is looming closer, and for those of you who haven't filed, make sure you're not making careless mistakes when rushing to meet the deadline. Here are a couple of common errors taxpayers make when filing, according to the IRS: Social Security numbers. Many people input incorrect or missing Social Security numbers, so make sure you're entering in the same Read more

7 Smart Ways to Pay for College


Updated 03/12/12 8:03 PM · Posted by · 1 comment

How to Pay For College

Does paying for college overwhelm you? Here's a helpful post from Kiplinger. College students who borrow graduate with an average of $25,250 in debt. That's the equivalent of a new-car purchase or a down payment on a home. Even if some borrowing is inevitable for you, first explore other options to help you pay for college. Coverdells, 529 plans and Roth IRAs come with tax advantages for college Read more