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… 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 degrees but he’s in finance and … Read More about Love, Marriage, and Pre-Nups