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re: How does a basic prenuptial agreement work?
Posted on 4/26/16 at 2:05 pm to Tigerfan56
Posted on 4/26/16 at 2:05 pm to Tigerfan56
50K is not worth a prenup. But honest communication is a necessity.
When my wife proposed to me 20 years ago my net worth was about 200K ... her net worth was zero. We had an honest conversation.
Me: "If you want to get married our finances are going to be separated until you can show me that you're capable of saving money and paying off your debts in the next 2 years.
She agreed. We got married and did not co-mingle finances. She paid off her debts in 1 year. I was amazed. We combined finances and have never had another problem since.
When my wife proposed to me 20 years ago my net worth was about 200K ... her net worth was zero. We had an honest conversation.
Me: "If you want to get married our finances are going to be separated until you can show me that you're capable of saving money and paying off your debts in the next 2 years.
She agreed. We got married and did not co-mingle finances. She paid off her debts in 1 year. I was amazed. We combined finances and have never had another problem since.
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