How Do You Handle Money And Marriage?
Love may not conquer all in the finance department, but this article will help you make decisions that will eliminate potential arguments. So you’ve found “the one” and you are thinking about getting married. Congratulations! But before you tie the knot, have you had a chance to examine your spouse’s spending habits? It would be sensible for you and your significant other to share all financial information including and preferably beginning with your credit report from the three major bureaus, Equifax, Experian and TransUnion. You should disclose and review each other’s debts as well as assets to prevent future problems. Typically, if you hold assets of more than $100,000, or if you have children from a previous marriage, it is in your best interest to sign a prenuptial agreement. Also, if you are supporting a spouse whose earnings are likely to increase significantly in the future you should consider that prenup (honey). Examples of such situations include a significant other who is c
