Tag Archives: financial problems

Bankruptcy… Should you??

I came across a thread in our forums today about Bankruptcy Law. It got me thinking we should have a money blog discussion on whether or not bankruptcy is good or bad. Unfortunately, many individuals see bankruptcy as a quick solution to their debt ills. Sounds cool to have a magic fairy come in and wipe your problems away. This specific Families forum thread noted the changes in the laws recently. Luckily the changes try to address this magic fairy situation, basically forcing bankrupt individuals to still pay their debts through a slower managed method. “Luckily” you may ask. Shouldn’t … Continue reading →

The Biggest Challenges to Marriage

You may think I’ll bring up the marriage debates, but in my opinion it’s not related to the greatest challenges facing a successful marriage and successful interactions between the couples that are married. The challenges I want to talk about here are the challenges that can leave your relationship precarious and potentially lead to the dissolution of your marriage if you and your spouse aren’t equipped to handle the challenges. I like to call these challenges the final five, because when you and your spouse are capable of overcoming these challenges, then you are usually in a stronger place in … Continue reading →

Marriage Problems or Money Problems?

Money problems can be one of the worst sources of stress in a marriage. If you and your mate recognize that it is the stress of financial problems that is causing strain in your marriage, you’ll be less likely to take things out on each other. Instead, you can work together to find solutions to these problems and avoid resentment. First, sit down and discuss the situation with your spouse at a convenient time. Go over the bills and decide together which ones must be paid first. Pay what you can and decide how to deal with the rest. This … Continue reading →

Marriage Tips: M is for Money, Honey

Money issues can certainly wreak havoc in a marriage. Lack of money or lack of the ability to manage it well can definitely cause harm, especially when times get really tough. Couples need to employ tested strategies and develop good financial skills in order to protect themselves, their assets, and their marriage. They need to work money problems out together instead of taking them out on each other. Outstanding debt can add a lot of stress to a marriage, so it is important to draw up a budget together and stick to it. One of the fastest ways to get … Continue reading →

Resolving Differences

Too often when we think about resolving differences, we think that one of us needs to be right. The problem with that attitude is that it also requires that one of us be wrong. While I grant you that there are plenty of times when we fall into either category, difference resolution that forces one or the other to be wrong all the time can lead to bitter resentments. The best resolutions to your differences occur when: You respect your partner’s opinions – right or wrong You understand that truth is fluid – what may be true for you is … Continue reading →