Because so few people these days have much in the way of
money, many divorces are driven by financial disputes. Too many couples are
beginning their lives together when they hold seemingly overwhelming debts such
as car loans, credit card debts and student loans. When the honeymoon is over,
that is when the quarrels over finances start.
Experts advise that couples who are about to tie the knot
should sit down and come up with a joint financial dream list. How many
children do you intend to have? Where do you intend to go on vacation, and how
often? Can you deal with the fact that one person has no savings while the other
has enough to put a small down payment on your first home?
One good tip is to set up different accounts – a joint
account for paying for the house, the car, children, taxes and the college
fund, and two separate accounts, into which a small monthly allowance can be
transferred and can be used as desired. This method may seem hard work to start
with, but will pay dividends in terms of avoiding arguments over finances down
the line.
No comments:
Post a Comment