Love & Money: Guarding Against a Spendthrift Spouse
When it comes to romantic relationships, opposites often attract. Unfortunately, that can also true when it comes to money personalities. The saver and the spender usually join forces. If you find yourself in a situation where your spouse is starting to spend more and more money, potentially putting your financial future in jeopardy, have a talk and make it clear that this behavior needs to stop. But if the problem persists and is getting out of control, you’ll have to do more than talk; it’s time to take action. The worst thing you can do is sit by and do nothing. First and foremost, protect your assets. Here’s a checklist for what you need to do right now.
