Money Advice

This time of year can be the most stressful of your newly married life. Deciding who is going to prepare your taxes, choosing the correct filing status, deciding which bank account to have your refund deposited, and so much more creates confusion, stress and tension. Where should you even begin?

Easy, begin by determining who is going to prepare your taxes. There are many options. If you have a very simple return and feel confident in your ability to "fill out the forms," you can do it yourself.

There’s no escaping the constant commentary on our country’s slow economic growth. While it may seem a little excessive, don’t bury your head in the sand. Following the old adage, if you can’t beat ’em, join ’em; stop avoiding the recession and start taking the steps to get out.

To help ease the blow, couples should work together. Married couples, of any age, can learn and grow by joining forces, to combat their financial situation. The following tips will be helpful to survive a recession and prepare couples for retirement at the same time.

The honeymoon is over and the rest of your life has begun. According to celebrity family law specialists Robert J. Nachshin and Scott N. Weston, now is the time to get your financial affairs in order. These two experts say among the chief reasons couples often split are due to fights over money-related issues.

Nachshin and Weston offer 10 tips that will ensure you start off on sound financial footing when co-mingling your finances with those of your spouse:

Engagement—check! Wedding—check! Retirement planning? Absolutely!

Newlyweds, regardless of their ages, should be careful not to neglect retirement planning, even if retirement itself seems far off, in their newly merged (financial) lives. With several relatively simple steps and considerations, it is easy to channel your newlywed bliss into a blissful retirement, no matter if it's four years away or 40.

First, carefully review your budget, expenses and current retirement accounts. Then, together, determine how much you can afford, as a couple, to stow away each pay period.

Thinking about money isn’t nearly as much fun for newly married couples as planning the wedding or taking the honeymoon, but it is certainly more important. Once the thank-you notes are written and the wedding gifts stored away, it’s time for couples to formalize their approach to money.

First, the big questions—do you want to buy a house someday? Do you plan to save for college for your future children? Do you hope to retire and at what age?

For those of us, who have been married for a few years, a feeling of comfort and routine is probably setting into our lives. This is a good thing! When it comes to finances, however, routine and comfort is not always

Many spouses may be startled to know they could be saddled with their spouse’s hidden credit card debt or lose their secret savings account if not disclosed to the other. Spouses keep these financial secrets from one another for a variety of reasons, including control, insecurity and punishment