Ron Lieber, in his New York Times article, discusses how to equalize financial decision-making in a marriage. His article, “How to Make Your Marriage More Financially Equal”, begins as follows:
A year and a half of pandemic living has revealed — or reminded us of — some persistent patterns around money, gender, marriage and families. And they aren’t always pretty.
There is anecdotal evidence of men confiscating their wives’ federal relief checks, and data showing a link between financial stress and domestic violence. And millions of women felt they had no choice but to leave paid employment to provide care for children or other family members.
Matrimony and parenting involve compromise, without question (and sometimes, seemingly, without end). But it need not be disproportionate.
There are plenty of reasons to equalize the financial decision-making in your marriage — and this goes for every couple, heterosexual or not. If you’re among the many getting married now as part of the great pandemic wedding boom, consider adding another promise: that yours will be a financially egalitarian marriage.
To see the full article, click: “How to make Your Marriage More Financially Equal”
Posted by Marin Larkin, Associate Editor, Wealth Strategies Journal.