Tag Archives: money management

Adapting to the ‘Great Recession’

What we are living through today may be a once-in-a-lifetime economic downturn. And chances are this “Great Recession” has created turmoil in your marriage. In a recession of this magnitude, tough decisions often need to be made. But smart couples who adapt well keep one eye on the future and respond quickly to the short-term realities. Here are tips that work equally well in good times and bad. Share the chore of money management, regardless of who has been in charge of the finances in the past. This job may … Continue reading

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Relationships and Troubling Economic Times

Troubling economic times like these can take their toll on relationships. You may be worried about ending up like Brenda and Eddie, the couple in Billy Joel’s song, Scenes from an Italian Restaurant: They started to fightwhen the money got tightand they just didn’t count on the tears. But unlike Brenda and Eddie, who ‘got a divorce as a matter of course,’ that may not be an option. Many couples can’t possibly sell their home in a depressed market, pay steep lawyers’ fees or make ends meet without sharing expenses. … Continue reading

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