Word: divorcee
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Dates: during 1990-1999
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What ever happened to true love? Financially literate couples planning to walk down the aisle this summer are likely to consider first how their betrothed spent money as a teen, his or her credit-card balance, and the need for a prenup. Bubble-bursting stuff if you believe love conquers...
What should you talk about? Start with how money was treated in your family. Was the emphasis on saving? Or did you live in a free-spending environment? Did you work as a teen? Pay your way through college? Values are often handed down. Understand your partner's financial roots...
Do you need a prenuptial agreement? Most do not, and it's a thorny issue to raise for no reason. But consider one if there are kids outside your marriage, you own a business or you have significantly more wealth than your partner. Love knows no bounds. And neither does...
Just how--or whether--those facts should be packaged for the classroom is up for debate. In Mann's class, part of the Connections curriculum, teen brides and grooms do everything from write vows to plan a honeymoon (sans the sex). The Partners course, developed by the American Bar Association...
The frustrations can get worse. Natomas' Natalie Miles, 16, and Robi Quick, 17, initially coasted through domestic life--a starter home in Sacramento, a vacation in nearby Monterey--until Mann informed them they were going to have a baby. Robi's $38,000 accountant's salary wouldn't provide for...