![]() Most couples are so busy working, raising children, chasing short-term goals, and running a household that they hardly have time to talk to each other. Work together to make sure you’re capturing that free cash as a couple and setting your retirement goals together. Don’t let monthly bills keep you from maximizing your retirement plan. When it comes to tax-advantaged retirement accounts, like your 401(k)s, one of you might also have access to more employer matching funds than the other. stocks, 15% international stocks, and 35% bonds - implement your strategy by picking the best-performing funds from each plan. Once you’ve agreed on an overall allocation - say, 50% U.S. If you and your partner each have a workplace retirement savings plan, sit down together and decide on a portfolio mix that uses both plans’ investment options. Once you decide how much you’ll each contribute to your joint account every month, you can put your bills on autopilot so it isn’t a constant source of friction. If that feels like it’s getting too into the weeds, having a joint account might be a better bet for you. The one who makes three fourths of the household income can pay for three fourths of the bills, and the one who makes one fourth of the income can pay one fourth of the bills. For example, if one of you earns $75,000 a year and the other earns $25,000, consider dividing your shared expenses proportionately. It’s also important to make sure the division of bills is fair and equitable for both partners. Others divide the bills, with each partner paying their share from their individual accounts. ![]() Some couples pay their household bills from a joint account to which both partners contribute. Share the billsįind a system for paying bills that feels fair to both of you. So keep one credit card that’s in your name only, even if you use a joint credit card for your household purchases. It’s also prudent for each of you to establish your own credit record otherwise, you may find it difficult to borrow independently. It may be good for each of you to have one account in your own name, even if you maintain joint checking and savings accounts for household expenses, and for long-term goals like retirement and college. Have a little money you can spend or save - without consulting each other. No matter how close you are, allow some space for individual independence. Establish common ground by identifying the important financial goals you can agree on: funding retirement, paying for college, taking an annual vacation, etc. If the saver’s happiness depends on feeling financially secure and the spender’s happiness depends on feeling free to enjoy life, earmark some money every month for both savings and fun purchases. Otherwise, you won’t be able to come up with a plan you’re both comfortable with. You don’t have to see eye-to-eye on everything, but it’s essential to respect your partner’s feelings about money. Recognize that both of your viewpoints are valid. There’s room for more than one attitude about money in a relationship. Five secrets of a financially happy relationship 1. You can create a system for handling finances that will satisfy you both. This is why conversations about money so often deteriorate into arguments.īut it doesn’t have to be that way. Think about your relationship - is one person a saver and the other a spender? Is one of you more conservative and the other more of a risk-taker? In many cases, both of you are convinced that your way is the right way. "I want tot be remember as being a good teammate who worked tirelessly to create a space for everyone to feel safe and seen, for speaking up for things that should be better for the younger generation.When it comes to money, few couples are soul mates. "I want to leave the game better than I found it," Krieger said in her retirement announcement. Krieger and Harris have used their platform to raise awareness and support for LGBTQ+ rights and mental health awareness. Krieger announced on her plan to retire after Gotham FC's 2023 NWSL season. Harris became the first NWSL player to reach 500 saves and retired at the end of the 2022 campaign after 12 seasons. ![]() Initially keeping their relationship private, they wed in December 2019 with USWNT teammate Sydney Leroux serving as the officiant.Īli Krieger and Ashlyn Harris played for Gotham FC in the NWSL after being traded from Orlando Pride in 2021. Krieger and Harris, both two-time World Cup champions, met at a USWNT camp in 2010. Their daughter Sloane joined the family in 2021, followed by their son Ocean in August 2022.
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