Category: Love & Money
-
Life Insurance 101
Insurance is a huge business. I’m going to go through some of the most popular kinds of insurance out there and which one would benefit you the most…and which ones to avoid. If you haven’t already, you will be approached by sales people cloaked as Financial Advisors who will try to sell you on why…
-
When’s the Last Time You Updated Your Beneficiaries?
Fun fact! The designated beneficiary listed on your accounts, in most cases, trumps who is listed as an heir in your will. Also, your spouse won’t automatically inherit all your accounts unless they are designated as the beneficiary. Let that sink in for a minute. When’s the last time you updated your beneficiaries on your…
-
The Benefits of Being an Older Parent
I recently went to brunch with someone who has two adult daughters. We’re nearly the same age. Baby Moneyaire is a baby. As my brunch mate is wrapping up raising children, I’m just beginning. I found myself a little envious. As I worry about whether Baby Moneyaire is eating enough protein and smelling Baby Moneyaire’s…
-
A 15 Year or 30 Year Mortgage?
Mr. Moneyaire and I have different philosophies when it comes to our mortgage. Mr. Moneyaire would prefer not to have a mortgage. I on the other hand, when interest rates were low, I never wanted to pay our mortgage off. Back in 2018 our mortgage interest rate was in the low 4% range. We decided…
-
My Time, Your Time and Our Time
Mr. Moneyaire and I were DINKs, double income no kids. Life was pretty cool. We could do whatever we wanted, whenever we wanted. We would book last minute weekend trips to catch a ball game in another city. Once, Mr. Moneyaire informed me he was taking a two week trip with his buddy through Europe.…
-
A Budget Process in 3 Steps
If budgeting was a natural and pleasant thing to do, everyone would be doing it. It took us some time to get it right. We have combined our natural affinities to create a 3-part budget process that we’ve fine tuned over 15 years together. I am probably above average regarding how many budgeting “how to”…
-
Navigating Through No
Greetings from Mr. Moneyaire! After much cajoling from Mrs. Moneyaire and some inspiration from her Accidental Landlord post, I’ve finally come up with a topic worth posting on this blog. Anyone who has been in a relationship for any length of time will understand what it’s like to navigate between two competing objectives. This might…
-
Fido Costs a Fortune
About a year into being married we almost got a dog. Mr. Moneyaire had his heart set on getting a Shiba Inu – it was even his phone’s background. I, however, did not want a pet. There were several reasons: first, Fido costs a fortune and they need lots of attention and care, and they’re…
-
The Getting Married Checklist
I’ve been happily married for 14 years as of August 2021. Before I got married, I had what most people would consider a rather unromantic conversation; it was a conversation about money, our goals and values towards it. It was probably one of the most important conversations my husband and I ever had. I’ve captured…