Finances

Bringin’ Home the Bacon

September 16, 2005

According to a Newsweek cover story, 30 percent of women outearn their husbands. Increasingly, women are taking over the responsibility of the breadwinner, which can be troubling in a marriage. How can couples make each other feel good about the reversed roles? How long will this trend last? Click here to read an interesting article [...]

Ruined Credit

September 15, 2005

Are financial problems leading up to a divorce less severe than the financial problems resulting from divorce? Unfortunately, debt incurred in a joint account makes both parties responsible for paying it back and creditors don’t care how the debt is divided in a divorce. Do you know if your ex is making regular payments as [...]

After Divorce: Men Have Higher Standard of Living

September 13, 2005

I just read an interesting article from the New York Times that said according to the National Marriage Project, a woman’s standard of living was likely to decrease as much as 27 percent after divorce, while for men it tends to rise about 10 percent.  Here is the full story: Women pay higher cost in [...]

Newly-re-weds’ Finances

September 7, 2005

You always hear ways newlyweds should manage their finances. What about newly-re-weds? An interesting article came out recently in the International Herald Tribune about how merging, and agreeing on, finances is much trickier in a second marriage. The parties are older; they’re closer to retirement, so there are more assets, and more risk. Sometimes they [...]

Divorce and Bankruptcy

September 6, 2005

Will you really be able to start over after divorce? A new law that goes into effect October 17, 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act, will make it harder for people to file for bankruptcy, including those filing for a divorce. Some argue this law will protect those receiving domestic support, such [...]

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