If you make $5000 a month, and she makes $4000 a month, she really makes $9000 a month.
If you lose your job and salary, there will be a divorce in your future. Make sure you get a promotion if you lose your job, and don't go more than about six months getting that new better paying job.
Most women do not come down from their current lifestyle. If you let her get too much, too soon, you will have to meet or beat that lifestyle for the rest of your life.
Most women will get and abuse as much credit as they can get. They will encourage you to buy all the house you will ever need, which can be a huge expensive house for a small family. Make sure you keep up with credit and open balances. Some women shop to feel better about themselves.
Make sure you keep about six months of salary in a hidden account Incase she divorces you. Many guys begin their divorce life living out of their car, moving back home with mom and dad and couch surfing with friends. Many eat a lead sandwich because of the humiliation. If you have rainy day account, you can find a new home and be able to retain an attorney.
If you know a divorce is brewing, consider changing your job to sales, as your alimony and child support will not be based on your commission. If you run your own business, create an LLC and have your real assets in the LLc and only pay yourself a $1000 a month, so when child supports gets figured, at most, it will be about 25% of $1000, and not 25% of what your gross income could be.
Most Helpful Opinions
Here is my list:
-Each others' income and debts
-How each person views money
-How each person manages money
-How does each person want to share/not share income
-Whether you will both help pay down each others' debts faster together or if you will keep the debts the responsibility of each individual
-Know your tax brackets and how marriage will affect that
-Know how credit works, how to build and how it is destroyed.
-Know each others' financial vision of retirement.
Your marriage income combined can affect your health insurance.
If you receive Obamacare and get married, it can effect your income and they may ask for it back if you file married.
My mom is a tax preparer and warns Pat and me to not file married on our taxes yet. We'll file as single until I get off of Obamacare (which is Market Place Insurance).
Get your own bank account, with your own name on it and your own ass money.
What Girls & Guys Said
Opinion
13Opinion
As a man your income is now your wife's money. As is hers.
Donβt have to share all bank accounts. Makes it easier having a joint one to pay bills. But just as easy to transfer into it.
Three bank accounts: Yours, Theirs, Ours (Household)
How much debt they have versus how much money they make and what kind of debt it is.
11000$ monthly fix income must happily marriage life.
No matter how much your husband loves you he will still cheat on you.
be sure you are not being loved for your money or else you'll be married to a literal prostitute in form of a written contract.
How to balance a checkinf accountabilit
Get a prenuptial agreement
There is a child support calculator.
Debt to income ratio, and credit score
Hide your money and be debt dree
There credit score and the story behind it:
Learn more
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