Aug 19, 2009 -
Here's one case when birds of a feather often do not flock together, but they probably should. Researchers at the University of Pennsylvania, the University of Michigan, and Northwestern University rated married individuals on a Tightwad-Spendthrift Scale based on surveys that asked each partner about their personal feelings toward spending money.
The results show that many people end up marrying someone with opposite money behavior.
- 3 Comments
Jun 26, 2009 -
Couples are constantly naming money as a reason for arguments, or worse, divorce. Because money is a sticking point for so many otherwise happy couples, it's important for newlyweds to get off on the right financial foot. That means communication, honesty, and planning ahead.
- 11 Comments
Jun 25, 2009 -
Legally joining your lives through marriage is a big deal in countless ways, and money matters are a hot topic for many couples. Deciding whether or not to join accounts is only one piece of the financial picture. What do you know about the other elements, like your credit score and taxes?
- 6 Comments
Jun 22, 2009 -
You've thought long and hard about whether taking your new husband's name is the right thing for you. Once the decision has been made in favor of a new last name, it's time to take the necessary steps to make the swap. Follow my tips to make sure you don't miss any of the important pieces to changing your name — you'll avoid annoying complications later on.
- 11 Comments
Jun 04, 2009 -
Talk about devotion. Bill and Marie DeCaro (ages 100 and 99) have been married for eight decades, making them the world's second longest-married couple. They were married in 1929 and endured the hardship of The Great Depression when Bill lost all of his money because of a shuttered bank.
- 3 Comments
Mar 19, 2009 -
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 communication lines open, piggy bank full and both of you crazy in love.
- 2 Comments
Jan 28, 2009 -
Filing jointly isn't necessarily the best option for you and your spouse, even if you have promised to be there in sickness and in health. The goal is to collectively pay the least amount of taxes possible, so run the numbers for both filing scenarios before settling.
Couples may benefit from separate filing if one of you had large medical expenses, high business expenses, or if one of you had significant theft losses.
- 12 Comments
Oct 15, 2008 -
When rebate checks were distributed to Americans this Summer the IRS only cut checks to citizens whose names and social security numbers matched. The IRS recently announced they would be issuing overdue checks to 250,000 couples that qualified for the stimulus but were overlooked because of mismatched names and social security numbers.
If one person decides to change their name after marriage, the change should be reported to the Social Security Administration so their social security number matches the new legal name.
- 9 Comments
Sep 15, 2008 -
Our eyes grow wider as the average price of a wedding keeps rising, and the nearly $30,000 price tag makes some brides stop and wonder how it's possible that everything wedding-related seems so inflated. The New York Times reported something very interesting this weekend that points out how long the tradition of marriage has been paired with the tradition of spending lots of money.
According to the article, called "Party Peer Pressure, and Why You Shouldn’t Succumb to It," wedding sections were introduced to department stores in the 1930s.
- 22 Comments
Sep 11, 2008 -
There's nothing romantic about money. It can buy lovey-dovey getaways and tokens of our affection, but money in itself is a topic that brings a business aspect to relationships. This element doesn't have to detract from a relationship based on love, but it often does, and Tara Siegel Bernard of The New York Times argues that "marriage at its core is still a financial union."
- 17 Comments