March 2, 2008

Money in Marriage

Paying attention to the marital finances is not a husband’s job. If you think it is, you’re setting yourself up for financial vulnerability in case your marriage ends.It0s counterintuitive to think about widowhood or divorce when you0re getting married. Few women do. Without thinking of the consequences of letting our husband manage our money, we set ourselves up for financial vulnerability. We trust him to be making financial choices that will benefit us both. Sometimes he is; sometimes he isn0t. Most of the time, he0s not thinking of our future without him.Unfortunately, if we0re not participating in the marital finances, we don0t find out what he0s been doing until we are slammed with a crisis of widowhood or divorce.Why don0t women participate more fully in marital finances and make sure they0re protected? Theoretically, it should be as easy to talk about money as it is to talk about anything else with our fiancor husband. The independent adults we are today have, for better or worse, been influenced by what we experienced growing up. Those thoughts and emotions still provide the starting points for the beliefs we have about money.The problem with talking about money is that it0s rarely just […]

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