The Big Payoff: 8 Steps Couples Can Take to Make the Most of Their Money — and Live Richly Ever After by Sharon Epperson is a must-read for those you in pairs.
Valentine’s Day is almost here. What have you done recently to change or improve all those jointly-made money decisions? Flowers are great, but have you considered how planning can help or hinder the quality of life you and your significant other share?
Here are the sections in Epperson’s book, and some related Geezeo discussion Groups:
-
Energizer Bunny Money (aka, a budget suitable for two)
Financial 911 (how to create a cosy emergency savings account or other joint savings)
On Golden Pond (building double-decker retirement accounts)
Feathering Your Nest (buying or selling your first love nest)
College Savings 101 (first comes love, then comes marriage… then comes kids and college bills)
Healthy, Wealthy, and Wise (how to navigate health insurance for two or a family)
Get a Life Jacket (insurance… possibly the most boring but necessary cornerstone of financial plans — Epperson writes it as not-boring as possible…)
Good Will Hunting (how and why to write a will… because you don’t want to make it any worse on your sweetheart. Think, they’ve just lost you, the most awesome partner ever because you always gave them Valentine’s Day gifts AND good financial planning…)
So, if you’re really in love… or still waiting for Mr./Ms. Right, you owe it to yourself and your partner to take at least one day a year and evaluate your finances from a couple perspective. Compared to being unprepared, it’s the big payoff.
P.S. What financial books are you reading? Discuss them here at the blog, or in the Geezeo Group “Bookworms Unite”. And grab a copy of Sharon Epperson’s book, The Big Payoff!
