The latest on shifting gender roles, millennial prenups, and a personal tale of student debt
Here are some favorite personal finance reads from around the web this week.
When she earns more: As roles shift, old ideas on who pays the bills persist
—The New York Times
A 2015 study showed that couples in which the woman earned more than the man were more likely to report relationship strife and eventually split up. As the workplace becomes more egalitarian and gender roles shift, some people are finding that old attitudes about money are still hard to shake.
Been down so long it looks like debt to me
—The Baffler
An important, personal piece about being incapacitated by debt in America, and the myth that a college education is worth any amount of debt. In the author’s case, the student loan tally was a staggering $100,000.
The rise of the millennial prenup
—The New York Times
Prenuptial agreements are on increasingly common among millennial couples. It might not sound very romantic, but approaching the prenup as a team decision and having an honest conversation about it may even bring couples closer together.
This is the harsh reality about health care costs in retirement
—MarketWatch
After age 70, a person can have medical bills that easily exceed six figures. When you’re saving for retirement, it’s important to factor in an extra financial cushion for potential health care costs and unexpected events. A new federal program called CHRONIC may help, but won’t be implemented until 2019.
Craving more financial finds? Here are my latest blog posts!
Credit card tips for Supreme Court nominee Brett Kavanaugh
Supreme Court nominee Brett Kavanaugh has a history of large amounts of credit card debt, which is not unusual for a Gen Xer. Here are some tips for him (and for you).
My money-saving summer getaway? The public library
Your public library offers more than just books. Free e-books, audiobooks, educational tools, even video streaming are becoming the norm for many libraries across America.
Student debt seems to be giving way to parent debt. Here’s what to do about it.
With student borrowers hitting federal student loan limits, many parents find themselves taking on debt to pay for their kids’ tuition costs, according to new federal data. If you’re a parent, here’s what you should know.
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