In today’s show, Doug answers a commonly asked question: Should people entering a second marriage combine their assets? Doug explains the pros and cons of setting up joint accounts with a new spouse, and lists five important factors to consider when making this decision:
Financial privacy (separate doesn’t mean hidden)
Finding a happy medium
For more information on this subject, read the following:
If basic money management skills are so obvious, why are so many people unaware of them? Cary Siegel, author of Why Didn’t They Teach Me This in School?-99 Personal Money Management Principles to Live By, teaches the vital personal finance lessons that we never learn in school.
Find out the top 3 things that everyone should do to be financially responsible:
Live below your means
Keep a w