Financial Mistakes Women Make When Getting Married

by Galia Gichon on March 18, 2008

As our divorce rate is over 50%, many women are getting remarried. Funny thing is that they seem to make the same mistakes over and over. If you are getting remarried or even for the first time, take heed of the following:

1) Make an effort to understand all your investments and life insurance policies. You know what you are entering the marriage with and what you need.

2) Understand where the income is coming from, especially if it is your husband’s own business. Income can be hidden and if you need to show income, the numbers might show that your husband’s income is much lower than it actually is.

3) Many women are not familiar with investments their husband might have made (such as real estate deals or other businesses). Then if something happens, you are shocked that there is not as much money as you thought there was or it is tied up and not accessible.

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