[As for kids, opposite approaches may have worked so far, but it's time to get on the same page.] If she's still taking care of her kids the way she does and he's doing it the way he does, they're not blending, ... And kids are smart and will figure out how to manipulate that. |
[Reduced income: Whether you're talking alimony, child support or both,] It's a fact. It's no different than having two mortgages, ... For Richer, Not Poorer: The Money Book for Couples. |
Blending kids, ex-spouses, money and investment styles -- each one of them requires its own strategy, |
Core money beliefs aren't logical. |
Couples have to create an organizational system that makes sense to both of them. If it makes sense to one but not the other, it won't work. |
I can spend it on shoes if I want to. You can go ahead and and buy bonds. |
It was hard to have her here, because she was used to an independent life, and we were, too, but it was the right thing to do, |
Most people spend a lot of time justifying why it's got to be this way, ... they can put away something. |
One of the stumbling blocks for a lot of people is tracking expenses for three months. |
She's a good setter. And we have more than one weapon, so she has a variety of hitters to go to. That helps. And we've had good defensive players, so she usually gets good passes. It all works together. |
There's such an arrogance to savers sometimes. And I'm a saver, so I can say that. |
When people rely on cash instead of credit, they're more aware of their spending and end up automatically cutting back by about one-third. |
You have to start with the acknowledgement: 'My partner is a smart, capable person who is just different from me. Now how are we going to work together?' |
Your whole perspective changes on what's possible. You can make dreams happen. |