The first step is the hardest: FESS UP
This year’s version from Bankrate finds that “23 percent of Americans in relationships are keeping a money-related secret from their significant other” and “39% have been financially unfaithful,” defined as having a secret credit card account, stashing money in a hidden checking or savings account, amassing undisclosed debt or spending more than a partner would be OK with.
This advice also applies to those couples who are faithful: One reason that problems can emerge is that one person in the relationship either feels shut out of the process or has removed themselves from taking financial responsibility. There is nothing wrong with working toward each partner’s strength. If one has a good system to manage banking and bills, great. If the other wants to oversee investments; that’s fine. If the other wants to manage the investments; that’s fine, but you need to share information and the best way to do so is to keep tabs on your progress by meeting quarterly.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arizona bill places new financial burden on solar, wind projectsFor Star subscribers: Cited as a measure to protect cattle ranchers, House Bill 2411 would make it illegal to construct either solar or wind operations on state or federal land that is currently leased for grazing.
Read more »
Latino-founded bank raises $4.5 million to build financial hub for Spanish-speaking immigrantsComun provides Latino immigrants access to traditional financial services without requiring a social security number. Latinx Banking OnlineBanking Immigration
Read more »
Motley Fool: Block, aka Square, is a financial technology powerhouseBlock, formerly known as Square, is home to the Square platform, Cash App, Spiral, Tidal and TBD. The company dramatically underperformed the market in 2022;...
Read more »
Letter: Check facts on financial dataA Geneva letter to the editor: In a recent column, Debra Saunders states that the U.S. deficit was $21.6 trillion in January 2021 and has 'grown by close to $10 trillion since Joe Biden took office.'
Read more »
Cybersecurity firm Darktrace hires EY to review financial processes after damning short seller reportDarktrace's board chair said the decision to launch a third-party review was a sign of its confidence in the robustness of the company's financial processes.
Read more »
Long-lost letter hints at George Washington's financial struggles | CNNA long-lost letter from George Washington hints at the first president's financial woes, and it is expected to fetch $50,000 at auction.
Read more »