ECON 201 Lecture Notes - Lecture 35: Child Support, Air Conditioning, Dishwasher
Document Summary
Marry someone who has good habits when it comes to finances. When you"re dating, if you can"t afford something, you more than likely won"t be able to afford it when you"re married. Show your partner who you are financially, make sure they know this before you get married. Make sure you partner shows you who they are financially before you get married. Don"t surprise the person you"re with by changing your financial habits once you"ve tied the knot. This will cause a lot of issues because money is one of the biggest things people fight about when they are together. You have to be able to fully disclose your past, present, and future financial lives: stay married to the financially right person. The fasted way to financial downfall is divorce. Other than the emotional turmoil, at best, you"ll split your money in half if you divorce.