It’s inevitable. An individual within a married couple will become the main financial person. It’s common knowledge that over the course of marriage, either the husband or wife will emerge as the “one who does the finances.” But should this be allowed to be taken to the extreme? Should only one be in charge of the finances while the other is left in the dark? Of course not! If you’re struggling with who should do the accounting, budgeting, and spending within your marriage, this article is for you.  Read more... (714 words, 11 images, estimated 2:51 mins reading time)

• There is Life After Debt One of the greatest myth's people have bought into is the benefit of bankruptcy. This idea brings us to the fourth Biblical Financial principle, which is the understanding that there is Life after Debt. Understand God’s Ownership (Psalms 24:1) Learn to Save Money (Proverbs 21:20) You Must Live on Less......
• Husband & Wife Ownership of LLCs in Community Property States I am frequently asked about the impact of a husband and wife owning the membership interest in an LLC in a community property state.  It is and interesting issue that is unresolved in many respects. The LLC makes a lot of sense as the entity of choice for couples who......

This is a guest post from RJ Weiss, who is an aspiring financial planner. RJ writes about financial planning for twenty-somethings at Gen Y Wealth. If you like what you see here, please consider subscribing to his RSS feed.

First things first, congratulations to anyone who has recently married or is getting married. I wish you the best of luck.

Once you get married, a lot of things change real quick. One area of change that takes some time to get used to is in your personal finances. Even if you decide not to combine financial accounts at first, your money needs to be handled a lot differently now.  Read more... (787 words, 11 images, estimated 3:09 mins reading time)

• Finding The Right Financial Balance If you are ready to get serious about managing your finances, it is vital to find that perfect financial balance that will help you reach your goals in less time. In many cases, simply finding that balance can make all the difference in how you view money and how well......
• 7 steps to getting out of debt. People accumulate debt for a number of reasons. Some are unavoidable such as a health crisis or loss of work from disability. But often, the root cause is a learned behavior of living beyond one's means. Spending more than you earn is a surefire way to a life of......