March 4, 2008
Marriage And Personal Finance Independence
The first rule of personal finance is to avoid ceding control of your finances to anyone. They are your responsibility; and the minute you let go of the control reins, you will find yourself with a number of extra problems.
Marriage is one of these institutions that can make us give the reins over to our spouse. If one person in the relationship is good with handling money, then all the financial responsibility automatically falls onto them. However, this leaves the other member extremely vulnerable if his spouse falls ill or dies.
Filed under Family, Working Moms by on Mar 4th, 2008. 