ITS TIME TO GET MONEY SAVVY...NOW

1.CARRY YOUR OWN PLASTIC:

If every bank account and credit is in your husband's name,you will be a financial
nobody without him.Before you do anything else,open a bank account and get a credit card in your name.


2.READ THE FINE PRINT:

Look over all the tax returns,investment agreements,real estate contracts and legal documents carefully.Get a credit report annually so that there are no surprises in your family debt situation.


3.DEFINE WHAT'S YOURS,MINE AND OURS:

A post nuptial agreement can protest assets accured after the marriage,such as an inheritance.Make sure that you are listed on the deed to your home as joint owner or that the house is classified as community property.


4.DON'T GIVE UP YOUR BILL-PAYING DUTIES:

Sometimes women who aren't working feel uncomfortable participating in financial decisions.For your protection,be aware of how the money comes in and where it goes.Some couples take turns paying bills on an annual basis.


5.GET TO KNOW YOUR FINANCIAL ADVISERS:

Attend all meetings with an investment planner or accountant.Should there ever be a problem,you will have the network you need to make important decisions.


6.MAKE PLANS FOR THE FUTURE:

Make sure you and your spouse each have adequate life insurance,a will and a living trust.Consider putting aside money for long-term care.Don't neglect your own retirement- if you and your husband file a joint return,you can contribute a considerably solid amount to the revenue department.


7.KEEP YOUR PROFESSIONAL HAT IN THE RING:

Even if you plan to stay home for good,maintain your network and stay in touch with colleagues.Whether through divorce or widowhood,the odds are real that you'll be financially responsible for yourself again.


A MAN IS NOT A FINANCIAL PLAN.
SO,GET MONEY-SAVVY,NOW.


sorry boys,this article is for ladies...I wil update one article for boys also.its very soon...