“How many pennies in a roll?” my son asks. “Fifty,” I answer. “One, two, three, four,” he begins to count. “Six, seven, eight, nine, ten!” He declares with utter excitement. “Very good, keep going,” I respond. Minutes later stacks of pennies stand before him. His little fingers grasp the piles and move them into perfect […]
Family Finances
Family Financial Meeting: A Step By Step Guide
A new year just started, which means it’s time to set big goals. Most of us focus on aspirations like losing weight, getting in shape or exploring new careers, but have you thought about your financial plans yet? If not, what are you waiting for? There is no time like the present to review your […]
Financial Dishonesty in Marriage: Lying to Your Spouse About Money
Financial dishonesty, (otherwise known as financial infidelity), is the act of falsifying details or omitting financial facts from your spouse or partner. Financial indiscretions can include spending money, opening accounts, borrowing money or incurring debt without your spouse’s knowledge. Have you ever kept financial secrets from your significant other? Have you hidden purchases or lied […]
Financial Favoritism: Favoring One Child Financially
Do you think parents should provide financial assistance to their adult children? If so, do you think they should do so equally or is it okay to favor one child financially? Is financial inequality a sign of parents who favor one child over another or a sign of sibling financial favoritism? How do you feel […]
Financially Dependent: Do You Depend On Your Partner For Financial Support?
Let’s begin with these questions: Do you depend on your partner for financial support? Could you pay all of your bills and maintain your current standard of living without help from anyone else? I recently wrote a post called Quitting My Six-Figure Job. If you haven’t read it yet go take a gander and then […]