Money has a way of driving rifts in relationships, especially romantic ones. A study of 4,500 couples even found that money-related arguments were the most intense fights couples had, no matter their income or debt levels. “Arguments about money are the top predictor for divorce because it happens at all levels,” lead researcher Sonya Britt, assistant
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From layoffs, salary cuts, and missed bonuses to canceled travel plans, working out at home, and spending less at restaurants, almost every one of my clients has experienced budget changes due to COVID-19. For some, it’s meant going from having a surplus to focusing on making ends meet. And for others, it’s meant socking away
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Parents spend more than $500 billion annually assisting young adults with student loans, housing, groceries, car payments, cell phone bills, and other expenses, according to a recent Merrill study. For many families, that largesse is in the form of a gift, but some parents may call it a loan and treat the transaction as a
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It’s a fairly well-known fact that money can be one of the biggest sources of strife in a relationship. In fact, according to a survey of professional certified divorce financial analysts, it’s the third leading cause of divorce in North America (behind basic incompatibility and infidelity, respectively). Summer is the most popular season to get
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When my sons were in elementary school, I wanted to make sure they nailed three basic money lessons: saving, spending, and sharing. As an adult, the art of managing money isn’t much different from the piggy-bank lessons we teach our children. If we can get these three things right, we can master our finances. 1.
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An enviously money-savvy friend once told me: If you’re in debt or want to know how to save money, the most important thing is to be honest with yourself about your needs. Maybe your monthly budget absolutely must include sheet masks or weed. Maybe you would *literally die* without an afternoon coffee, or perhaps your
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