Archive for June, 2010

Should You Go Into Business Together? 5 Secrets to Making It Work…

Monday, June 21st, 2010

For many couples, the idea of working together sounds heavenly. But we’ve seen so many life partners try to be business partners only to find that their finances – and their relationships – can’t survive the shift.

There are, however, couples who can make a business work–we work together and love it. So if the two of you are considering starting a business together, here’s what you need to know:

1. You Must Be Equals
2. Know What’s Really Involved
3. Capitalize On Each Other’s Strengths
4. This Is a Financial Decision, Not an Emotional One
5. Have Regular Business Meetings

Read the entire Money Couple Minute including the full details under each point mentioned at “Should You Go Into Business Together?” You can view all the past Money Couple Minutes HERE.

5 Steps to Confessing Financial Infidelity

Friday, June 4th, 2010

Nearly every relationship harbors some level of financial infidelity. It might be as minor as not telling your partner what you really spent on her birthday gift or as major as keeping a secret bank account to pay for your gambling addiction. (Find out where you stand with the Financial Relationship Index) Either way, the path to healthy financial communication will never be smooth unless you are honest about your behavior and…[Read the entire Money Couple Minute,
5 Steps to Confessing Financial Infidelity].