18Feb 2022 by Elizabeth
Should You Have a Shared Account with Your Spouse? 7 Reasons Shared Accounts Are Better

Should You Have a Shared Account with Your Spouse? 7 Reasons Shared Accounts Are Better

#WMW12, Popular, Relationships & Money
There are a lot of great reasons to have separate accounts, but they are not for every relationship. In fact, I’d argue that most couples would be best with only shared accounts. Here are 7 reasons why. (Note that in this post I use the term “significant other” interchangeably with “spouse.” When I use the phrase “significant other” I really mean: extremely super significant other - such as a partner, spouse, or whichever term you use to describe the person you’ve made a commitment to spend the rest of your life with.  By “significant other” I don’t mean “whatever person you’re randomly dating who you aren’t 100% sure about.”) 1. Having Separate Accounts is Against the Values that Relationships Are Built On What is a relationship built on? Trust, honesty,…
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10Mar 2012 by Women's Money

How I Solved $40,000 of Personal Debt

#WMW12, Debt
In retrospect, it's pretty embarrassing that I managed to get myself into more than $40,000 of personal debt. I combined numerous bad spending decisions with a complete lack of understanding of how credit cards work to amass this unsavory, and unenviable, total. Add to that a few ill-timed job losses which caused me to move back in with my parents, and there I was - a single, twenty-something guy facing a mountain of bills and credit card debts that couldn't be paid for.Fortunately, this story has a happy ending. I was able to solve my massive debt woes in only a few years without ever having to file for bankruptcy or pay for debt counseling. I did it all on my own, and you can too.Here are seven steps to…
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