by: Nathan Dawson
Engagement can be a hectic and overwhelming time for all parties involved. However, by setting a wedding budget and by creating a long-term money-management plan, you can ensure that you will start off on the right foot. Follow these steps for a good marriage preparation:
1. Prepare to merge finances
Discuss your spending and saving habits, your debts and assets and your respective salaries. Be sure that you have a realistic idea of how marriage will affect you both as a couple and as individuals.
2. Plan your wedding
Make a realistic assessment of how much you can spend. While the average wedding cost is $15,000, with careful planning you may be able to go lower than that and create memories that will last forever.
3. Decide on whether to have a prenuptial agreement
Prenuptial agreements aren?t always necessary. However, if there is a considerable difference in your net assets, it would be foolish not to have one drafted by a lawyer and signed by the necessary parties.
4. Merge your money
In the eyes of the law (and creditors), a married couple is a single financial unit. This holds true, even for those couples who decide to open joint bank accounts.
5. Go over your taxes
A good accountant may help out in this area. Generally speaking, dual-income families get penalized by tax laws. Evaluate your tax situation and decide if it is worth it for both of you to work.
About The Author
Nathan Dawson writes for http://www.marriedfinances.com and http://www.successfulmarriageresource.com, great online sources for marriage and finance information.
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Government Grants - What are they and how to get them ?
Government Grants - What are they and how to get them ?
by: Mike Freemen
None of these Government Grants require a credit check, collateral, security deposits or co-signers, you can apply even if you have a bankruptcy or bad credit, it doesn't matter. Its Free Money Never Repay!
The Federal Government is Giving out over 155.5 billion dollars in Business Grants!
Receive Government Small Business Grants for virtually any type of business. Whether it is to start a business or expand your existing business there is money for waiting just for you. The Federal government provides this money to help existing small business owners and those who want to start their own business change their lives and achieve financial independence.
The United States Government wants your Small Business to succeed and you will be amazed at the lengths they will go to help ensure your success. At Grant Seeker Pro? we have designed a State of the art software...
Government Grants - What are they and how to get them ?
Tax help > Government Grants - What are they and how to get them ?
Taxes and Bankruptcy: The Nuts and Bolts
Taxes and Bankruptcy: The Nuts and Bolts
by: Richard K. Gustafson, II
The filing and subsequent discharge of either a Chapter 7 or a Chapter 13 bankruptcy may eliminate some types of personal income tax liability. There are, however, certain restrictions which must be met in order to completely eliminate personal income tax liability through bankruptcy.
Some personal income taxes may be eliminated through the filing and subsequent discharge of a Chapter 7 bankruptcy. The following requirements must be met for the personal income tax liability to be eliminated in a Chapter 7 bankruptcy:
? The tax return must have been filed on time
? The filing should not be fraudulent
? The tax return must have been filed over three years ago as of the bankruptcy filing date (e.g. IRS debts for the last three years generally, would not be dischargeable)
? Alternatively, in some cases, if the tax return was filed late, was not fraudulent...
Taxes and Bankruptcy: The Nuts and Bolts
Tax help > Taxes and Bankruptcy: The Nuts and Bolts
Do You Need Life Insurance
Do You Need Life Insurance
by: Joseph Kenny
It can be very difficult to decide if you need life insurance. Life insurance can be an extremely onerous financial commitment and investment, and it will also last for a considerable period of time, so you should take careful consideration in deciding if it is the best way of achieving the financial and other goals you and your loved ones may have.
Life Insurance Policy
Basically, a life insurance policy will cause a sum to be paid to the named beneficiary upon the death of the insured. This sum will generally be paid to the beneficiary, free of income tax. So in which instances is life insurance generally used above its alternatives? Well its primary function is to provide death benefit protection in a tax efficient way. For example, if you would like to transfer wealth from your estate to your beneficiaries you can do it through life insurance.
You should now that it may still be liable...
Do You Need Life Insurance
Tax help > Do You Need Life Insurance
Little Known Tax Deductions That Can Save You Big
Little Known Tax Deductions That Can Save You Big
by: Diane Hughes
When you say "end of the year", most small business owners think of two things immediately. The *second* is the holidays. The *first* is taxes! While almost all of us pay taxes quarterly, we still have to file in January. That means November and December are spent getting ready. When you're gathering all your information together for your accountant, don't forget about these regularly overlooked deductions.
Mileage
Sure, most of us already know that we can deduct a mileage allowance from our taxes. However, many of us (especially dot coms who don't travel much) don't bother to keep track of our travels thinking it won't be worth the trouble. Oh, but it is!
I had the same mind-set, but - at the urging of my accountant - decided to keep track and see for myself. I'll never neglect to do it again! Even though almost every place that I travel is nearby, when I added up...
Little Known Tax Deductions That Can Save You Big
Tax help > Little Known Tax Deductions That Can Save You Big
Avoiding Credit Repair Scams
Avoiding Credit Repair Scams
by: John Mussi
Credit repair can take time? especially if you have poor credit and don't really have the time that you need to repair it. Unfortunately, many criminals and con artists know that credit repair is much needed and often time consuming and see this as an opportunity to make dishonest money by offering people what they want but that the con artist isn't able to offer. Even more unfortunate is the fact that large amounts of money are scammed in this manner each year, almost always from the people who are most severely in debt and can afford it the least.
If you worry that you might fall victim to one of these credit repair scams, then the information below might help to give you a better idea of what to look out for so that you don't end up losing money that you can't afford to lose.
The Appeal of Something for Nothing
The reason that credit repair scams are so numerous is that people love...
Avoiding Credit Repair Scams
Tax help > Avoiding Credit Repair Scams
How Identity Theft Occurs
How Identity Theft Occurs
by: John Mussi
Identity theft occurs in a variety of ways for example; in the course of a busy day, you may write a cheque at the grocery shop, charge theatre tickets, rent a car, post your tax returns, change service providers for your cell phone, or apply for a credit card. Chances are you don't give these everyday transactions a second thought. But an identity thief does.
Identity theft is a serious crime. People whose identities have been stolen can spend months or years and thousands of dollars cleaning up the mess the thieves have made of a good name and credit record. In the meantime, victims of identity theft may lose job opportunities, be refused loans for housing or cars, and even get arrested for crimes they didn't commit.
Despite your best efforts to manage the flow of your personal information or to keep it to yourself, skilled identity thieves may use a variety of methods to gain access to your...
How Identity Theft Occurs
Tax help > How Identity Theft Occurs
Strawberry Jamming Finale
Strawberry Jamming Finale
by: Kit Heathcock
So the strawberries are finally slowing down, the end of the season is in sight? and do I feel relief that I will no longer be chained to the kitchen counter, three nights a week, preparing strawberries for jam? Am I sick of the sight of them, turning into one myself, in a word, jaded? Surprisingly enough I?m not. Six weeks of making jam and I could carry on longer.
I sneak into the larder to count the jars...
Tax help flower
Tax help > Strawberry Jamming Finale
It's Not What Happens in Life that Counts - It's How You Respond to It!
It's Not What Happens in Life that Counts - It's How You Respond to It!
by: Debbie Friedman
Have you ever noticed how life throws surprises at people? One person may see the surprise as a gift and embrace the chance to move through it. Another person may have the same experience and see it as a royal pain in the rear ? something almost that life is punishing them with.
We have a choice. We can decide to live with a prosperity consciousness knowing that...
Tax help It's Not What Happens in Life that Counts - It's How You Respond to It! A Financial ?To Do? List for Engaged Couples perfume
Tax help > It's Not What Happens in Life that Counts - It's How You Respond to It!
Term Insurance
Term Insurance
by: Gary Tallon
Term insurance is a level term life insurance product that pays out a lump sum when the insurance policyholder dies or becomes terminally ill. It provides peace of mind to the insurance policyholder that loved ones left behind after their death will be financially secure. Term life insurance can be configured to pay off all existing loans - including the mortgage - and leave a cash sum in the bank to support your spouse and children....
insurance Tax help A Financial ?To Do? List for Engaged Couples
Tax help > Term Insurance
2006 Subaru B9 Tribeca: Ugly or Not?
2006 Subaru B9 Tribeca: Ugly or Not?
by: Matthew C. Keegan
Okay, Subaru fans?listen up! Do you think that the all new B9 Tribeca is a beautiful vehicle or is it an ugly duckling? As for me, I have mixed feelings. This particular SUV certainly doesn?t look like any other Subaru, nor does it easily get confused with any other SUV on the market. Beauty is in the eye of the beholder; let?s take a look at what sets the B9 Tribeca apart from the pack.
The first...
2006 Subaru B9 Tribeca: Ugly or Not? Tax help A Financial ?To Do? List for Engaged Couples suv
Tax help > 2006 Subaru B9 Tribeca: Ugly or Not?
What the Heck Are Polymers and Do I Want Them on My Car?
What the Heck Are Polymers and Do I Want Them on My Car?
by: Gregg Hall
When shopping for car care products for your vehicle?s finish you will often see the term ?polymers? included in many car waxes
and other finish products. Many people have no idea what this is, so here?s description for you. Polymer actually means many units,
basically any chemical that is comprised of constantly repeating identical chemical units.
Included in this group...
Tax help
Tax help > What the Heck Are Polymers and Do I Want Them on My Car?