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Dividing Financial Responsibilities

So if you’ve spent some time thinking about it, in an organized fashion, you’ll probably realize that there are fundamentally only four different permutations of ways to divide financial responsibilities. You’ll also probably be intimately familiar with one of them.… Continue Reading

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Early Warning Signs of Financial Chicanery

One of my jobs as an adviser to couples is to inquire about early warning signs. In the Oct. 13 New Yorker I read the story of one Mathew Martoma, whose long-held secret was outed when the feds arrested him, in… Continue Reading

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The Costs of Job Stress

One of our followers, Julia Smith, offered to share with our readers the following charming blog on the effects of work and college stress, and I thought everyone might enjoy what for us is a breather.  Have “fun.” Image compliments of… Continue Reading

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Avoid Financial Betrayal: Be Your Own Detective

I warned in several posts against ignorance of financial matters in a relationship, much as a person might like to abdicate financial responsibility. But the issue arose again, and reminded me how urgent it is that each partner remain alert to… Continue Reading

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Money May Equal Power in Couple Relationships

So, let’s assume, for the moment, that I’m that marriage counselor competent in financial matters,  and a couple with an unequal money-power ratio has come to me. Let’s assume you, the reader, are part of that dyad. So, if you’re… Continue Reading

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Financial Deceit in Marriage

A beautiful woman with a twice-mortgaged house in an expensive suburb finds her husband somewhat less than enamored with her chronic spending. Fights ensue after each purchase that she finds reasonable–a ‘must-have,’ really–and he perceives as an outrageous waste of… Continue Reading

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The Checkbook–His, Hers, Ours?

Ok, so you’re working together to create a financial plan acceptable to both of you.  Why not begin with the checkbook? Ask yourselves this question about how to handle the checkbook–do you want one checkbook–or three? Let’s say you like… Continue Reading

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Getting Taken to the Cleaners, the Poorhouse, or Worse–to Jail

As much as your friends and family would love to protect you, it’s really your own job to avoid being betrayed financially, as you’re the one who has all the clues. Be your own detective regarding financially improper or criminal… Continue Reading

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How to Communicate About Money

So you’ve bought into my proposition in my last entry that unequal financial power that is not discussed will lead to distancing everywhere, including the bedroom.  But how should couples communicate about such a difficult topic? Let’s start with a… Continue Reading

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Wondering Who Wants To Be A Millionaire? You Might Be Surpised Who Already Is

I may not be in the majority here, but I think teaching is a great job. My sister, my two daughters, and I all taught English at some point or other in our careers. Now, English may not be the… Continue Reading