Money and Marriage
Issue 12. Putting It All Together
Research tells us that many marriages fail due to financial difficulties
within the home. This does not have to happen to you. The
first 11 Marriage and Money articles can not possibly provide you with
everything you need to know about personal finance. They are but an overview of
what you need to know about personal finance.
To continue your efforts to manage your money, the Cooperative Extension
Service has a wealth of information on the topic of money management. Here are
resources to help you.
Detailed
Household Inventory explains why you need to inventory the contents of your
home and how to do it. Easy-to-use checklists in the book allow you to complete
your household inventory in record time.
Essential
The Family Account Record book is a "must have" for every couple serious
about making the most of their financial resources. This 43-page ledger allows
you to track your income and expenses and has a place for you to record credit
purchases. Order a copy through the
County Extension Office.
Helpful
Loss of income may be due to illness, loss of employment or other reasons
beyond your control.
Living Resourcefully with Reduced Income shows you how to manage when money
is tight and times are bad.
Valuable
Important Family Records: What to Keep and Where will help you keep track of
your most important financial and personal documents. Use the guidelines to
update your records and store in a safe place. This information would be
invaluable to family members in the event something happened to you.
Revealing
Use this information to perform a "financial check-up." When it comes to
money, prevention is always better than trying to correct problems after they
are out of control. A questionnaire is provided in
How Good Is Your Financial Health?
Enlightening
A complete explanation of the various types of home insurance policies,
including special insurance for renters, and what’s covered under each is what
you’ll find in this booklet. Also included is a discussion about "how much
insurance is enough?" Contact your
County Extension Office and ask for a copy of Home Insurance (MP363).
Sensible
If you believe a will is only for those over 65 with substantial wealth, you
must read this fact sheet,
What is A Will?
The information will explain the benefits of a will regardless of your age or
assets.
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