Personal finance articles related to the delicate balance of money and relationships.
As your kids get older and become young adults, everything they want and need seems to get more expensive. You think about money a lot, and you’ll notice money is on your teen’s mind more often too. Whether it’s spending money to go out with…
When it comes to teaching kids about money, we know starting early is a smart decision! There are terrific resources to help young children learn their first financial lessons. But what can we use to teach older kids and teens about money? Improving teens’ financial…
In a financial pinch, turning to friends and family for a little financial help seems like a good option. After all, what could go wrong? Plenty. Many people have horror stories about personal loans destroying and ending relationships. It would be challenging to find anyone…
Your relationship is ending. On top of the stress, emotions, and decisions involved in going your separate ways, worrying about money is keeping you up at night. You know you need to protect yourself and your financial future but paying a lawyer thousands of dollars…
We all want to raise kids who are happy, well adjusted, and, let’s face it – financially successful. But if you haven’t got your own financial life sorted out just yet, how do you make sure to teach kids smart money habits? T. Rowe Price,…
You dreamt of the day you’d join your life with the person who makes your soul happy. Your nearly flawless alignment has been almost surprising. However, as “mine” and “yours” have become “ours,” one subject remains sore: finances. You’ve done the work of calculating the…
In our culture, talking about money – especially money troubles – can be uncomfortable. Money feels like a very personal topic. And, like discussing politics and religion, it’s a topic laden with the potential for judgment and scrutiny. Telling others our income or how much…
Homeownership, whether you’re married or not, can be a decades-long legal and financial obligation. Do it right, and you will reap all kinds of benefits, including having a home in which to live, building equity, and a stronger credit score. Do it wrong, and you…
Managing your finances is a complicated endeavor with a lot of independently moving parts. You may have children to support, day to day bills to cover, debts to pay off, and retirement to plan. Throwing even more into the mix, you may come to a…
An internet search of the term “cosigning a loan” quickly reveals it’s a terrible idea. And there are valid reasons for much of the negativity. Helping a family member or a friend by cosigning a loan is incredibly helpful for them, but significant problems arise…
![How Can I Buy My Parents’ House? [Is it a good idea?]](https://womenwhomoney.com/wp-content/uploads/2018/10/buy-parents-house-1-768x402.jpg)
If you’re thinking about buying mom and dad’s house, there are many things to consider before moving forward. Purchasing a home is a substantial financial decision. And when a big-money decision involves family, it should be carefully considered. 5 Common Reasons for Buying Your Parents’…
Your teenager continually begs you for money, and here they are again. You’re starting to feel like an ATM. But this time you pause, ignore their outstretched hand and say no. It’s time to set some limits here. Frustrated, your teen asks if they can…
You are going through a divorce or your long-term relationship is ending, and you’re soon facing moving out of your current home. But you’re not sure if you should purchase a house, lease an apartment, move in with friends, or go back and live with…
We all want our kids to grow up and become successful right? As parents, it’s our job to teach them about money. How to earn it, save it, spend it, share it, and invest it. And learning by doing is often one of the best…
When hearing the mention of the word prenup, most people express serious reservations about getting one. Common arguments against them include: “A prenup is for people who can’t, or won’t commit.” “It’s like rooting against your marriage.” [playht_player width=”100%” height=”175″ voice=”en-US_LisaV3Voice”] While it’s true not…
I got married right out of college to my high school sweetheart. Both of us were broke after graduation, but fortunately, our combined student loan debt was less than $10,000. We chose to have a small wedding because we wanted to get married right away….
I love my sister very much but I just couldn’t take it anymore. And before you start throwing around “blood is thicker than water” and “family comes first” I have another saying for you. “If you’re not part of the solution, you are part of…
Today we are happy to bring you the first article in a new series – Reader’s Stories. We’ll occasionally be publishing personal stories sent to us by readers or guest contributors who want to stay anonymous. If you’ve got a story you think will benefit…
Power of attorney documents (POAs) are legal papers in which an individual (the principal) designates another person (the agent or attorney-in-fact) to act on their behalf and make decisions on certain matters (a specific financial transaction for example) or on all matters. POAs may be…
Your life takes a special turn when you have a special needs child. As you travel through early childhood and teenage years, your hands are held by public education and the services it offers. You attend countless meetings. And you learn how best to advocate…
Honesty is the best policy. It’s one of the most important lessons virtually every family tries to instill in their children. But is honesty still the best policy when it comes to family finances and money problems? Yes. Families who are facing money problems should…
Your kids will be bringing report cards home soon, and you may be getting ready to hand out some cash for good grades. And if that isn’t the deal you have with your kids, you’ve probably thought about it at some point. Should I be…