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ROSEN LAW FIRM FOR IMMEDIATE RELEASE December 16, 2005 PRESS
RELEASE
10 Ways to Prevent Holiday Spending From Straining Your Marriage
by Jessie Danninger, CPA, Rosen Law Firm
Everyday I work with couples going through a divorce and I know
finances in general, but especially over the holidays, can be a
real strain on the marriage. Here are a few financial tips for
married couples to prevent finances from putting a strain on the
marriage during the holiday season.
1. Sit down with you spouse and evaluate the money you have to
spend this holiday season. Couples need to know the family
income and cash reserves to avoid overspending or unnecessary
penny
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Are you a credit card junkie? Credit card debt can often be a big, deep, dark secret for someone preparing for marriage. It's an uncomfortable subject to talk about. Do you bring it up before or after he slips the engagement ring on your finger (or before you slip it onto hers)? Or do you wait until after all the marriage preparations are in place?
If there are large differences in your assets and liabilities, it may not be such a hot idea to get a joint bank account. Furthermore, you may want to sign a prenuptial agreement just to be
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