Last month, we wrote about the Forbes survey that found that nearly one-third of of those who combined finances had admitted to lying to spouses about money. But once you’ve cheated, what’s the best way to come clean to your better half? [More]
marriage
NJ Couple Marries At Dunkin' Donuts
How much do you like Dunkin’ Donuts? Definitely not as much as the New Jersey couple who are so devoted to its drive-thru coffee that they decided to get married there. [More]
Bride Sues Runaway Groom For $100,000 Wedding
A jilted bride is suing her ex-beau who dumped her days before the wedding, leaving her standing at the altar holding a bill for nearly $100,000 in wedding expenses. [More]
Love In The Time Of Soul-Crushing Student Loan Debt
What kind of lies about money would cause you to end a romantic relationship? What is more important–debt or money problems themselves, or if your significant other lies about them? As young Americans begin their adult lives with unprecedented amounts of student loan debt, it’s important to confront debt and be honest with oneself and before pursuing a serious relationship. Just ask the California woman whose fiancé broke their engagement after learning that her student loan debts were significantly higher than she had previously disclosed. [More]
Marital Trouble? Consider Divorce Insurance!
You already have home insurance, car insurance, life insurance, and maybe even health insurance—why not insure your marriage, too? For around $16 per month, a North Carolina company called SafeGuard sells “units of protection” that could be worth $1,250 if your marriage implodes in divorce. The company claims that it wants to help defray the costs associated with legal fees and finding a new home, but the insurance, called WedLock, comes with plenty of catches. [More]
Wedsafe.Com Insures You Against Wedding Disasters
Putting on a wedding is a lot like putting on a show. A very expensive stressful show that’s for one night only. [More]
Fighting About Money Frequently Increases Risk Of Divorce
You already know that it’s not healthy to fight about money all the time, but it might be a bigger risk factor for divorce than you think. A 2009 University of Virginia study found that couples who argue about finances every a week are 30% more likely to divorce than those who argue less frequently. In addition, a couple that marries with no assets are 70% more likely to divorce in three years than a couple bringing $10k in assets into the union. [More]
Bank Of America Misplaced Divorce Decree, Handed Over All My Money To Ex
Deb tells Consumerist that she did the proper thing after her divorce: months ago, she brought a copy of the divorce decree to her local Bank of America branch so they could remove her ex-husband from the account. The branch manager declared the situation taken care of, which is why Deb was horrified to learn last week that her ex’s name had never been removed from the account, and he had transferred its contents–all of her money–into his own account. Yep, the branch manager made a mistake, and no one at BoA will admit that it was their mistake. [More]
How To Make Sure Your Marriage Isn't Costing You Money
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: [More]
If Yours Isn't Good Enough, He'll Get Some At The Office
Marketers had a message for the housewives of the 1950s: they weren’t doing a good enough job at home. Their husbands had to resort to going elsewhere for it. Why, even the girls at the office could do it much better.
4 Money Conversations You Should Have Before You Commit
Before you tie your destiny and your credit rating to the person you love, there are some decidedly un-romantic conversations that you need to have in order to prevent discord and catastrophe later in life.
Am I Responsible For My Fiancée's Prior Debt?
A reader wants to know whether or not he’s going to be held responsible for his fiancée’s old, bad debt now that they’re getting married. Because we went to Google Lawyer University just now, we’re happy to try to help.
Financial Crises Are The New Babies — Have One To Save Your Marriage
At first glance, an awful economy would seem to be bad for marriages, since money squabbles would presumably lead to more fights. But divorce filings are down 50 percent nationally according to an Associated Press story.
Protect Your Personal Finances In A Divorce
Sources around the country say that the divorce rate is down nationwide, though it’s usually higher during economic recessions. One theory as to why: the economy is bad, but people are marrying later and cohabiting more frequently than past generations.
Tax-Saving Moves For 14 Big Life Events
Life is full of surprises and challenges. Luckily, there’s a tax form for just about all of them. Via Kiplinger’s, here’s 14 major life events that allow for smart tax-saving moves, and how to make those moves.
Filene's Basement Closing 11 Stores
Unless Filene’s Basement can renegotiate its rents, they’re set to close 11 of their 36 stores by February’s end. 3 of their stores in MD, one in NJ, NY, and VA, 2 in IL and PA, and one in MA, are on death row. If you’re a bride-to-be in one of the affected areas, guess you’ll have to travel out-of-state if you want to take advantage of one of their famous “Running of the Brides” sales, where hordes of women descend in teams to try on and buy wedding dresses marked down from the thousands of dollars to the hundreds.
Getting Married, What Do I Do With My Money For Now?
WooHoo! I got a job! Right out of college and everything. With an awesome sign-on bonus! Now what am I supposed to do with all this money? I know I have options. Stock Market (HA!), bank, and under my pillow. I would put it in the bank but I have a wedding coming up in less then a year to pay for and I want to know my options for making good quick investments. Please help!