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Tying the (Financial) Knot: 5 Must-Ask Questions for Couples
April 21, 2014 at 19:00 PM EDT
Wedding season is just around the corner—a time when the birds are chirping, love is in the air… and fiancées need to talk finances. While not as fun as cake tasting or dance lessons, talking finances – including spending, saving and investments – could be the most important thing a couple does before tying the knot. There’s a big downside to not discussing your financial issues. The number one cause of divorce in the U.S. is money, and one study found that financial arguments early in a relationship may predict divorce. Besides divorce, it seems money regularly causes strife in American marriages. According to one study, 40% of people don’t trust their significant other to manage their combined finances. Another found that one in three Americans (31%) admits lying to their spouse about money. While the top offenses could be considered “minor,” some people admit to hiding major purchases, keeping secret bank accounts [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Wedding season is just around the corner—a time when the birds are chirping, love is in the air… and fiancées need to talk finances. While not as fun as cake tasting or dance lessons, talking finances – including spending, saving and investments – could be the most important thing a couple does before tying the knot. There’s a big downside to not discussing your financial issues. The number one cause of divorce in the U.S. is money, and one study found that financial arguments early in a relationship may predict divorce. Besides divorce, it seems money regularly causes strife in American marriages. According to one study, 40% of people don’t trust their significant other to manage their combined finances. Another found that one in three Americans (31%) admits lying to their spouse about money. While the top offenses could be considered “minor,” some people admit to hiding major purchases, keeping secret bank accounts [...]
