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Imagine buying tickets to your favorite football team’s playoff game. You can barely contain your anticipation and have already forgotten about the hundreds of dollars you spent. But once you’re at the game, your team is losing 35-0 at halftime. In addition to disappointment and frustration, another feeling emerges: buyer’s remorse.
One of the most common questions couples ask concerns how to manage cash. The answer: There is no one best method. So let’s consider the advantages and disadvantages of several methods.
Your 40s represent a unique period in your financial life. You’re older, wiser and well-established, but there are still a few things you have yet to figure out — like how to afford your children’s college education and where you’re going to retire.