Tag: investing

Financial fights that can lead to divorce

Financial fights that can lead to divorce

Much has been written about how difficult economic times forced them to postpone couples divorce. They simply can not afford. The legal fees and accounting fees grow as a union is dissolved and a two-earner family life less than a pair of two single-person households.

As the economy improves, we’ll probably see the divorce rate climb. But even if money woes are not separate couples, financial disputes are still the cause of irreconcilable differences. Here are seven common financial issues that may lead to a divorce:

Paycheck Envy

More women enter the marriage with assets of their own and many earn more than their spouses. According to the Bureau of Labor Statistics, one in three women married outside her husband wins. This amount increases by more than half if they earn $ 55,000 or more.

Men may feel threatened by not having their bragging rights as traditional breadwinners. For women, this means they have their own money away from the irresponsible action of a companion. With more play, women can not afford to be accepted to their partner how past generations were.

Debt

Utah State University Professor Jeffrey Dew author of a study often cited, which found that couples argue about finances at least once a week are 30% more likely to divorce than those who do sometimes leads to questions of money. Couples with no assets were 70% more likely to divorce compared to couples with assets of $ 10,000.

Cup in the ability to build the assets is dependent upon long-standing American credit card, but it can be a source of optimism. Who raised a record $ 988 million in revolving debt in 2008, the Americans eroded nearly 90 billion dollars last year there, according to the Federal Reserve. credit cards less debt should result in increased savings, more active and potentially more couples happy.

Bills

As part of an investigation last year, Fidelity Investments has found that less than half of couples make the daily decisions and financial issues such as budgeting and paying bills (45%) .

In many couples, one person is still paying the monthly bills at the beginning while the other could wait until the due date and beyond. checks can be cut even more stressful when one blows unnecessary monthly budget shopping and boyfriends do not take kindly to cable or text message their expensive batteries Better Half in the mixture.

Economy

While half of the relationship may be economical, offering dedicated and committed to building a retirement plan, the other may be more carefree, with a live “today, you can not take it with you “Outlook.

Invest

We can assume that investment decisions are increasingly dividing couples if both partners are financially sophisticated. The risk tolerance may be incompatible with the objectives out-of-synch.

Dump Apple or go long can also be a divisive debate that how often a mother-in-law visit. Overlooking an investment portfolio or 401 (k), one spouse may want to explore emerging markets fund, while the other rejects nothing, but in any national security to the large caps and bonds.

Then about a guy find true happiness with a sort of fundamental analysis of the gal?

Different Expectations

There is no shortage of men and women who value money more than love and companionship. You can be quite content to “live love” and weather financial situation “for better or for worse.” But she may feel entitled to a McMansion in a suburb of Tony and a Mercedes in which to drive your children to private school. Trouble is brewing with his latte grand prize.

Secret Stash

Financial infidelity is a newly coined term that describes situations in which one spouse is hiding cash or credit to his companion.

This may seem like a good idea to have a credit card or bank account secret that you can tap into, but your partner will probably be a big scandal in the underground. Beyond financial dishonesty on the screen, such gains may be a warning sign of even greater transgressions – maintaining a slush fund to pay the tab strip club or support a mistress on the sly.

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Eight painless methods to save money

Eight painless ways to save money

It’s possible to spend a lot less money without making big lifestyle changes.

We all know how to spend less and sacrificing. To eat unless you buy fewer clothes to cut back on vacations, savings through sacrifice can be effective, but painful. So if you are looking for ways to save money, why not start with money saving tips that are relatively painless?

With a little imagination, you’ll find many ways to reduce expenses without making major changes to your lifestyle. To begin, here are eight ways painless to save money.

1. Get healthy: As someone who has struggled to stay healthy, I realize that eating healthily and staying fit is easier said than done. But for those who are in good shape, you can save lots of money on life insurance plans and individual health insurance. As a bonus, you’ll feel better and have more energy.

2. Rethinking Auto Insurance: Each year, a review of your auto insurance policy for potential savings. For example, consider increasing your deductible, which reduces premiums. For older vehicles, to evaluate whether you really need collision coverage, which covers damage to your car when your vehicle hits or is hit by another vehicle or object. And make it a habit to compare quotes car insurance per year, which can be done online in minutes.

3. Improve your credit score: Of all the ways to save money without pain, improve your credit score is probably the most important. From home loans and car loans, credit cards and auto insurance, a good credit score can save you a small fortune. Over a lifetime, the savings can easily reach tens of thousands of dollars.

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