http://blog.beatingdebt.org/2008/06/17/bdo-race-training-exercises-stepof7/ A great selection of archives from a debt prevention perspective. Tue, 09 Mar 2010 01:10:30 +0000 http://wordpress.com/ hourly 1 http://blog.beatingdebt.org/2008/06/17/bdo-race-training-exercises-stepof7/#comment-138 danica Fri, 27 Jun 2008 17:00:28 +0000 http://beatingdebt.wordpress.com/?p=80#comment-138 Whoops, I meant to post that as a comment to the post above this! Maybe I'd better go stick it up there. Whoops, I meant to post that as a comment to the post above this! Maybe I’d better go stick it up there.

]]> http://blog.beatingdebt.org/2008/06/17/bdo-race-training-exercises-stepof7/#comment-137 danica Fri, 27 Jun 2008 16:59:57 +0000 http://beatingdebt.wordpress.com/?p=80#comment-137 I agree with lots of this, but I do find it a little hair-raising to have all the budgeting and money information in the lap of only one member of the couple! It opens up great potential for it not to be an equal partnership, and for your wife to be in big trouble if anything happens to you if she doesn't have an everyday knowledge of how the bills get paid, what they cost, where the rest of the money has been going, what money is already saved up.... I've heard so many horror stories of women in that position whose husbands have become incapacitated in some way, or died, or even left them, bringing on (among the other crises involved there) the sudden realization that they don't know the first thing about how to handle the finances or, often, even where all the account information is kept. I agree with lots of this, but I do find it a little hair-raising to have all the budgeting and money information in the lap of only one member of the couple! It opens up great potential for it not to be an equal partnership, and for your wife to be in big trouble if anything happens to you if she doesn’t have an everyday knowledge of how the bills get paid, what they cost, where the rest of the money has been going, what money is already saved up…. I’ve heard so many horror stories of women in that position whose husbands have become incapacitated in some way, or died, or even left them, bringing on (among the other crises involved there) the sudden realization that they don’t know the first thing about how to handle the finances or, often, even where all the account information is kept.

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