Personal finance articles related to the delicate balance of money and relationships.
When Joan Rivers’ husband died unexpectedly in 1987, Joan not only lost her husband but her financial security too. To her surprise, she was left with $37 million in debt – something she knew nothing about. This just goes to show that even strong and…
“You’ll need $2.8 million to take care of your child for their life.” I’ve never heard a sentence more deafening than that. My husband and I sat there, staring blankly back at our financial advisor. I swear I could feel my heart slow, and my…
As a parent, we always want to do what’s best for our children. Paying for a college education is a difficult choice to make for several reasons. But, no one wants their kids to be weighed down with tens of thousands of dollars of student…
First comes love and then comes marriage, right? The idea of marrying for love is relatively new, despite what pop culture might have you believe. When it comes right down to it, getting married forms a legal contract. As such, there are financial pros and…
Although every relationship is different, all couples benefit from talking openly about handling finances in their partnership. Some couples decide to combine their finances. Others choose to keep their money separate. Both are healthy ways to manage money in a relationship – if you and…
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You’ve decided to sell your home and a friend or family member has expressed an interest in buying it. Even though it seems like a much simpler way to sell your house – remember that easier isn’t always better. There are plenty of advantages to…
As wedding traditions change and take on modern twists, so do wedding gift customs. You may have heard of the rule of thumb to give enough money to cover your dinner, but most couples don’t expect to have their wedding expenses reimbursed by guests, and…
Elder fraud is a large and growing problem, costing many seniors the savings they worked hard for in their younger years. Reports indicate older Americans lose anywhere between $2.9 to $36.5 billion each year. According to the U.S. Consumer Financial Protection Bureau, individual victims of…
Have you wanted to set up an allowance system for your kids but struggle with consistency? It’s so easy to forget to take out cash or to miss a weekly allowance. Or even mix up those money jars. Cash allowances can also be problematic when…
If I had more money, ____ wouldn’t be a problem. I work hard. I deserve that new _____. I’ll never be able to pay off this debt. I can’t earn enough to get ahead. I need X amount of money to have peace of mind….
Deciding where you’ll live is never an easy decision to make. Whether you’re graduating into an uncertain job market or feeling buried by debt, one choice more and more young people are considering is moving back home to their parents. While multigenerational living certainly isn’t…
Whether you’re already a stay-at-home parent, or considering the possibility, money is a primary concern. When deciding to have one parent stay home, your priority is figuring out how to live on less income. But you also need to understand that the parent who quits…
One of the most important jobs we have as parents is to teach our children how to navigate the adult world. An important skill they’ll need to master is managing their money. Starting while they’re young is a good plan, but if you’ve missed that…
My client knew that it was time to end her marriage, and she was terrified. She had no idea how much money they had and, more importantly – no access to it. She had a debit card, but it was always low on funds. More…
According to a report by Merrill, over three-quarters of parents provide financial support to their adult children. From allowing their kids to live at home to paying for their cell phone bills or even footing their student loan payments – parents are giving grown children…
This post is sponsored by T. Rowe Price Our mission at Women Who Money is to provide trustworthy personal finance information by writing leveled content to support people no matter where they are on their financial journey. We’re also committed to helping people find accurate…
Women Who Money was created to provide trustworthy personal finance information for women (and men!). We write articles on topics that help our readers understand financial concepts, make smarter moves with their money, and become more financially healthy. Money and relationships is a topic we…
Have an unexpected expense? Between jobs? Don’t have quite enough money saved for a down payment on a home? Whatever the reason, if you’re in a tight financial situation, you might consider borrowing money from family or friends. But should you borrow money from friends…
We know the thought of creating an estate plan might make your head spin. But failing to do so can cause way more mind-numbing, stressful, and time-consuming efforts later. Creating power of attorney (POA) documents as part of an estate plan assigns an individual the…
In today’s world, technology and travel make it easier than ever to explore the globe. They also make it easier to give on an international level and make a difference around the world. In addition to making donations to causes you care about, you can…
It’s important to take care of our neighborhoods and communities, and there are plenty of ways to get involved on a local level. However, the interconnectedness of our towns and cities thanks to travel and technology means that helping at a national level is equally…
It seems like just yesterday your teenager was in a children’s car seat. But now your teen is ready to borrow the keys. You might have mixed emotions about them getting behind the wheel. But you’re definitely concerned about the cost of adding your new…
One reason people are sometimes reluctant to give is that they can’t always see or feel the effects of their generosity. Another obstacle is that some people don’t know if it’s better to donate time or money. This list of ways to give on a…
One of the most challenging questions each person has to answer for themselves is how charitable giving fits into their money journey and their life. So many factors can influence how we feel about giving. One of the most significant reservations people have is that…
At its core, networking is about meeting people and expanding your circle so you can get more done and make a more extensive impact. Often viewed as a helpful tool for job seekers who need to connect with hiring managers, networking is just as critical…
Note: This post may contain triggers for those who have been in abusive relationships or been through sexual assault. October is National Domestic Violence Awareness Month in the U.S. Domestic Violence (Including Financial Abuse) Does Not Discriminate Anyone of any race, age, sexual orientation, religion…