Do you have a my money/your money approach to your marriage or partnership? How often do you talk about money — and when in your relationship (dating, engagement) did you start to talk about money?
So here’s something that I know people do but never really hear people talk about: upgrading engagement rings. If you’re married, engaged, or just fond of thinking about rings: when, if ever, can one “upgrade” an engagement or wedding ring to get a larger diamond, adding more stones like baguettes or upgrading the setting to … Read More about Engagement Rings: Have You Ever Upgraded, Downgraded, or Swapped It Out?
We haven’t done a Money Milestone series in a while, in part because I’ve been a bit trepidatious about this one. I keep reading that divorce can decimate your finances, and there are numerous things you should do in advance of, during, and after a divorce. However: I’m happily married (knock on wood). I still … Read More about How to Survive Divorce, Financially (And Other Tips on Divorce Finances)
What are the financial implications of getting married — and how does your wedding budget affect your overall financial health? What other major milestones affect your financial health? I’ve often read that how you handle a few major milestones in your life — wedding! grad school! baby! buying a house! divorce! retirement! — can have … Read More about Tales from the Wallet: Wedding Finances
2018 Update: We’ve still stand by this discussion on married money management methods and have updated links; you may also want to check out some of our more recent discussions about money. We’ve talked about how to keep track of many accounts — but I don’t think we’ve ever talked about which money management method … Read More about Tales from the Wallet: Different Money Management Methods for Marriage and Partnerships
Reader C has a great question about how to deal with her fiance, who wants her to sign a pre-nuptial agreement… should she sign a pre-nup, readers? After 7 years of dating (since my junior year of college) and one year of being engaged, my fiance just brought them up. Both of us have advanced … Read More about Love, Marriage, and Pre-Nups