A pre-nuptial agreement (prenup) is a contract that is written before marriage detailing the division of property and other provisions in the event of a divorce. This would be similar to a business or pre-employment contract with clauses that deal with dissolution or termination. Both outline the specifics in the event the parties involve separate. [...]
Tag Archives | Marriage & Money
10 Smart Personal Finance Tips Before You Get Married
Looking back, I know my wife and I made some pretty good decisions before we tied the knot, but there were probably a few things we could have done better. With money being one of the top causes for divorce today (and a whole lot of arguments), I think it makes sense to get marriage [...]
4 Questions to Help Bring Clarity to Family Finance Management
Managing family finances isn’t easy. I’ve said before it can be similar to running a small business. You have to communicate and perform all the work associated with planning and cash flow management. Yes, it’s similar to working in the finance department of a small business except the team is only two people (husband and [...]
Marriage – Joint vs. Individual Checking Accounts
Should husband and wives have a joint checking account or should they have single accounts which they manage individually? There are a lot of conflicting opinions on this topic. It’s my money argument Some argue whatever amount of money they earn with their job is their money. They typically take responsibility for paying some of [...]
Welcome to One Money Design
One Money Design is a personal finance blog that exists to help people make progress along their journey to true financial freedom and become more generous with their time and money.
