Is it a crime to get engaged to someone from another country? No, but it does raise red flags for wire fraud when you’re trying to transfer money. That’s what Robert learned when his Egyptian-born fiancÃ©e tried to deposit money into their wedding savings account that they share, but is in her name because she doesn’t yet have a Social Security number. [More]
Liz Davidson at Forbes has an article about ways you and your spouse can fine-tune spending and investment patterns so that your marriage isn’t a financial drain. It’s easy enough to compare financial health before marriage (although lots of couples don’t do it, she notes), but even if your net income increases, your net worth could flatline or drop:
You might be doing well with your expenses as a married couple but making poor investment decisions, causing your financial situation to worsen even though your day-to-day money management has improved. [More]
Money can ruin relationships, but by talking honestly about finances with your significant other, you just might emerge from this depressing recession as a couple. Even if your finances are deteriorating, there are a few ways to keep your money problems from rotting your relationship.