We’re ready to help you with some more financial management tips! An important part of crafting your financial journey is hearing other’s accomplishments and how they got there. This will help encourage you and keep you focused on your path to freedom. However, we also like to share practical tips and strategies with you as well.
We’re going to be talking to Leslie Tayne. She has over 20 years of experience as a lawyer who practices in the area of consumer and business, financial debt resolution. Today we’re going to be talking about life and debt.
That’s the reality for a lot of people, you have debt, but you still have to live your life every single day. We want to make sure that you’re doing it healthily and attacking your debt. We also want to make sure that you’re not doing it at the expense of your marriage or your relationships or your job. We want you to find that balance. That’s what we want to talk about today.
Introduction
Leslie Tayne is a Financial Attorney based out of NY. She has been practicing law for over 20 years and predominately over those 20 years in the area of Consumer and Business Related Finance, Debt Management, Debt Resolution, Debt Settlement, and Credit Financial Related issues. Her practice is exclusively in those areas.
Furthermore, she has written a fantastic book called Life and Debt. It talks about how you can learn to live with debt and not let it consume you. She also has 4 offices in the New York City area (New York, Long Island, Westchester, and Upper Westchester) and she has clients all over the country. She’s an expert in the matter of Debt Resolution Matters.
How to Factor A Spouse In Financial Decisions
When you’re younger and going into a marriage, the financial piece is not always discussed. Usually, when you’re coming into marriage both parties don’t have a lot of assets. So you may not have the tools to help yourselves navigate what will become complex financial related issues. When you are an individual it’s complex and then when you combine finances it can become even more complex.
There’s no right or wrong way to navigate your finances. You have to find what works for you and your spouse. The most important piece of the puzzle is communication and openness about how you feel about a situation and what your expectations are. You need to set a plan in place on how you would like to get things done.
Going From Single to Married
It changes so drastically when you go from being single to being married. You may have your own set way of doing things and the other person likely has their own ways on how to do things. Combining those ways can be complex. You have to find ways to balance it so that you can combine forces in ways that work for both of you.
There is also an emotional aspect of financial management. When you don’t have a lot of money or you’re struggling and your credit isn’t great, that emotional aspect can make you feel overwhelmed with how you will deal with a situation. You have to communicate and figure out how your spouse pays their bills and what bills they have so that you know how to combine them properly without feeling stressed out.
What You Will Learn
- In what ways your finances will change when going from single to married.
- How to factor your new spouse in your finances.
- Ways you can communicate about finances with your spouse.
- When to communicate with your spouse about finances.
- Sometimes it’s okay to keep finances separate when you’re married.
- What couples should talk about when it comes to finances.
Resources Mentioned
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