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Relationship Discussion (non-explicit)
Reply to "Are there ramifications for being a SAHM?"
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[quote=Anonymous] A couple I can think of from a present situation: 1- Be sure your name is on all bank accounts that are jointly held as a couple and to which you jointly contribute whether in bank or investment group such as Fidelity or Vanguard. A spouse really can close you out completely. 2- Be sure that your name is on the deed to any property in which you consider yourself "housed" -- condo, townhouse, or single family home. 3- If you have any car that you did not purchase with your name on the title, then be sure your name is on the car title at least for any joint purchase. 4- Take the time to sit down with a financial advisor - fee based - one time to get an overview of your family finances with DH so that you gain a basic level of understanding. Also, it would be a good time to update goals and perhaps the ratio of your investment portfolio. 5- Keep a identiy record of your own by having at least one bank account in your name only and a credit card to that you do have a history. Same could be said to go for your spouse.[/quote]
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