Posts Tagged ‘financial planning’

Dr. Taffy Wagner on Marrying for Love, not Money

Wednesday, April 8th, 2009

Dr. Taffy Wagner is back with financial advice for you newlyweds-to-be out there.

Do various money songs run through your mind when you’re with your bride-to-be? Do the songs “For The Love of Money”, “She Works Hard for the Money”, or “Take the Money and Run” play on repeat in your home?  When you are engaged and setting the wedding budget – there is a lot of money talk happening. I’m guessing your bride-to-be loves to share about money being spent on the caterers, the florists, and more.

Is money casting a shadow on your wedding planning?

Is money casting a shadow on your wedding planning?

As you sit and listen to her talk, you see money flying out of the window that will never return again. Are you wondering to yourself “will I ever going to get past this point?” Of course you will, but while you are on this path of planning the wedding pay  special attention to what is being said and acted upon.

We’ve all heard “Actions speak louder than Words.” I was following a financially-motivated divorce case where the CEO and Countess are Divorcing.

She says she needs more than $50,000 a week to maintain her lavish lifestyle. Gentleman, I cannot help but wonder if there were not warning signs when he was dating her or if family members attempted convince him not to marry her.  Apparently they even had a post nuptial agreement that she agreed to… but is now not enough.

In a time where a lot of people might not even make $50,000 in a year, she is not satisfied with having that amount per week. I am not saying by any means that this is the type of bride-to-be that you have. What I am saying is make sure both of you are marrying for love and not money. Meaning if you did not even have the money you have right now, she would stick by your side. The motto wouldn’t be “No Money, No Honey.” Know that your bride is marrying you because she loves you regardless of income level.

Dr. Taffy Wagner is a Certified Educator in Personal Finances and founder of DebtAtTheAltar.com She is the Creator of Money Talk Before The Commitment Walk and Debt Stops At The Altar financial education program for engaged couples and newlyweds.

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