There are drawbacks, too. If you're considering a prenup, here are the pros and cons (mostly pros) to factor in first. READ: Little-Known Financial Benefits of Divorce. Pro: A prenup forces partners to discuss money.Couples divorce for a lot of reasons, from incompatibility to infidelity,...
Pros and Cons of Getting a Prenup If you’re recently engaged, you may be thinking about getting a prenup. A prenuptial agreement, also called aprenup, is a legally binding contract between you and your partner. It outlines what will happen if you get divorced or if one spouse dies. Typi...
A child’s parents are getting divorced. The child is sad, playing up at school and often yells at other children. Do you still punish them the same as normal, or do you go easy on them because they’re going through a tough time? You’re using behaviorist rewards and punishments to ...
Pros and cons of legal separation at a glance No two relationships are exactly alike. Deciding on the terms of a separation or divorce can be tricky, and it’s important to weigh the pros and cons of legal separation for your particular circumstances as you navigate the process. Before pursu...
Financial security is undoubtedly a legitimate concern and a marriage that offers stability and a comfortable lifestyle can be appealing. However, explore the pros and cons before making a life-altering decision. That said, here are the advantages and disadvantages of marrying for money. ...
We’ve lived in many different places like Florida, Hawaii, California, Virginia, Maryland and Texas. My parents were divorced, so most of the time I would live with my mom while my dad was deployed. During school years my parents found it easier, even if my dad wasn’t deployed, to ...
It is this level of perspective that travel affords us on the whole; perspective not only on the places we visit, but on our own backyards. So it’s with this cautious caveat that I’d like to make some observations about expat culture: ironies, pros, and cons. While these observations...
What are the cons of co-parenting? Although co-parenting can have many benefits and advantages, it can be important to consider its cons as well. Some of the potential downsides that might make co-parenting challenging or unfeasible include: You may have to set aside your feelings sometimes...
Cons of Joint Home Loan Equal liability for repayment If a co-borrower defaults on the payment, the other one is liable to pay for both the EMIs (and the entire loan). Such a situation can affect both the co-borrowers, even if only one individual is at fault. ...
Mr.CBB@Canadian Budget BinderwritesHow to get your life back after a divorce with kids– Getting divorced is a tough time for both the kids and the parents so making sure that a plan is in place to make it all as stress free as possible helps both emotionally and financially. ...