Here’s a quick quiz on money and marriage. Which of the following engaged couples needs a prenuptial agreement about finances? A. He’s a wealthy celebrity with several previous marriages; she’s decades younger with no wealth to speak of. B. Both are in their 50’s, with successful careers, substantial net worth, and adult children from previous […]
Tag Archives | Healthy Money Relationships
When stressed or in difficult circumstances, some people drink, some people eat, and some people shop – this can be a financial dangerous habit that should be addressed.
“It’s not just shopping, it’s retail therapy.” As a bumper sticker or a joke between friends, this may be amusing. For those who shop to relieve stress, it’s not nearly so funny. Medicating or soothing painful feelings with money is no healthier a behavior than medicating with alcohol or food. When stressed or in difficult […]
One of the challenges at the beginning of a romantic relationship is having “the conversation” about one of most important issues for any couple: money. What is okay to ask a potential partner about money, and when? How do you bring the subject up without seeming like a braggart, a coldhearted miser, or someone looking […]
Last week we looked at the first three components of a millionaire mindset: how to spend like a millionaire by living frugally, budget like a millionaire by putting essentials and savings first, and work like a millionaire by loving what you do and investing in your career. All three of these are vital habits for […]
It turns out money can buy happiness, after all—sometimes. Having a good income and the security of money invested for the future don’t insure happiness, of course. They do, however, give us a foundation that can make it easier to find happiness. Part of the secret to using money to foster happiness is knowing what […]