Your stud may be stunning, but there’s nothing pretty about being in a relationship with someone who’s been laid off. While your heart may break for Mr. Unemployed, his perpetual presence on your sofa can get ugly – fast. When your partner gets downsized, how do you prevent a downsizing effect on your relationship? We consulted a dating expert for tips on navigating the turbulent waters of a layoff without crashing your (relation)ship on the rocks. Keep reading »
Tag Archives: couples and money
Hopefully, you’re proud of your credit score and shred the five credit card offers you get every day, knowing that you worked hard to earn a rating as high as Matthew McConaughey on any given Sunday afternoon. But what if your man’s score isn’t nearly as pretty as he is? Sure, he might be awfully talented with his hands, but when those hands just don’t know how to pay bills on time, it can make you wonder if he’s worth it in the long-term.
Handling this situation can be complicated, but relationship expert Susan J. Elliot and Stacy Johnson, creator and host of “Money Talks,” a nationally syndicated financial news series, offered these tips on how you can delicately deal with a guy who’s in need of some major credit rehab. Keep reading »
My husband works in sales, and when he gets a commission check, I’m halfway to the mall before it even hits our account. But while my first response is to go shopping, the only -ing he’s thinking about is saving. We have yet to get into a physical tug-of-war over the check, but honestly, we’ve come close. Understandably, having opposing money philosophies is common in relationships; I’m thinking my situation’s sounding awfully familiar to all kinds of ladies out there. To get tips on how to prevent differing spending habits from causing discord with your guy, I consulted dating coach Lori Gorshow and financial expert J.D. Roth of the personal finance blog Get Rich Slowly. If you find yourself in my situation, here’s how to cope … Keep reading »
Things have changed recently for Connie. She just moved in with her boyfriend and her last purchase was a Foosball table (he’s rubbing off on her already!). And although he’s really good at Foosball, she’s worried his financial behavior might mess up their future together. Finance Expert Manisha Thakor encourages her to have the talk — the “What’s Your Number?” talk.
It seems that all anyone is talking about lately is the economy, so why is money still such a tough topic to discuss with your nearest and dearest? They say married couples fight over money more than anything else, but what about when you just started dating? That’s possibly even more awkward. Keep reading »
My boyfriend spends too much money on presents for me. If he were wealthy, I might be able to get over feeling guilty and just enjoy being spoiled, but he isn’t. He makes significantly less than I do (but works way harder!), and he pays a hefty amount of child support on top of that. We live together, and I pay a larger portion of the rent because I can afford more. Despite his modest income, he has saved up and bought me diamond jewelry for a couple of occasions during the year and a half that we’ve been together. The gifts came with loving, heartfelt words and emotions that moved me more profoundly than expensive objects ever could. My jewelry is beautiful, but when I look at it, I think about how he could have put that money away in savings, or bought something useful for his kids with it. I have tried to tell him that I prefer that he doesn’t spend so much money on gifts for me, that a meaningful gift does not have to be expensive, but I always end up hurting his feelings. We see marriage in our future, and I know he’s been eyeballing engagement rings that are, in my opinion, way out of his price range. I don’t even think a ring is necessary, and although I respect that he does, I’d hate for him to put all his hard-earned money into a really fancy one, or worse, finance it. Can you suggest a tactful and sensitive way to encourage him to express his love in ways that don’t involve lots of money in the future? — The Breadwinner
In light of our strained economy, how can you keep your love life intact and still scale back on spending? Whether playing the field or in a couple, there are a number of free (or cheap) ways to mind your wallet without sacrificing your dating life. After all, a recession won’t keep you from finding love; it’ll just make you more creative! Keep reading »
There was a time in my life when I actually looked forward to tax season. Like most people, I had taxes withheld from each paycheck, so that when tax time rolled around each year, I was guaranteed a nice little refund. I’d collect my W-2s, spend an hour or so filling out paperwork on a cold February afternoon, and voila: a few weeks later I’d have a check from the government I’d quickly blow on impractical shoes, a haircut and half a month’s rent. If I was feeling really responsible, I might sock away half the refund for a “rainy day,” which for my 20-something, job-hopping self meant impetuously quitting a boring job without having another lined up, because, Hey! I’m rich! I just got my tax refund, which is basically the same thing as winning the lottery! Keep reading »