smart spending

Marrying for richer rather than poorer

Efficient management of financial resources
Next
3 of 8
Back

Being accountable to another person can keep spending on the straight and narrow, particularly when working toward a mutual goal such as buying a house or financing an exotic vacation.

To keep household finances shipshape, budgets and goals should be reviewed often. In fact, running your household finances similar to a business may not be a bad idea.

"The business model of (evaluating earnings and expenses) at least four times a year would probably be good for most families. A marriage is not a business, but being businesslike is another matter. Aristotle in 'Politics' characterized the family not just as the basic political unit of society, but as the basic economic unit," Greaney says.

The U.S. government clearly agrees with that sentiment and gives married couples some breaks related to taxes and retirement.


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.12%  0.06 4.18%
15 year fixed 3.25%  0.04 3.21%
5/1 ARM 3.48%  0.16 3.32%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.30%  0.01 4.29%
50K FICO-based HELOC 4.06%  0.02 4.04%
100K FICO-based HELOC 3.91%  0.02 3.89%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.99% --0.00 2.99%
60 month new car loan 3.23%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.97% --0.00 0.97%
2 Year CD 1.18%  0.01 1.17%
5 Year CD 1.81%  0.05 1.76%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.75% --0.00 15.75%
Cash Back Cards 16.45% --0.00 16.45%
Low Interest Cards 10.96% --0.00 10.96%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us