The typical American newlywed spends over $27,000 on their wedding day, not including the honeymoon, yet they spend no time or money creating a financial plan; it is no surprise then that 50-60% of marriages end in divorce during the first five years, or that couples cite “money issues” as the number one reason for their break-up.
Managing the Marriage Purse provides newlyweds with a life-long approach to money management by starting with a shared life mission and vision.
By following the steps outlined in the book, couples can get out of debt, immediately reduce their expenses, curb spending, increase after-tax income, start saving for major milestone purchases, pay cash for cars, learn to evaluate risks associate with various asset classes, build their own investment portfolios, hire the right advisors, and give away money like major philanthropists at any income level.
What’s different is that Managing the Marriage Purse isn’t about gimmicks. It doesn’t preach impossible standards. It’s about figuring out what works for each couple, and really understanding the simple steps to building a successful and rewarding future together.
About the authors: Robbye Schroeder is a self-professed recovering spend-a-holic with a copywriting background in financial services, and a passion for helping newlyweds find the right tools to sustain a long, healthy marriage. Using the strategies outlined in the book, the couple paid off $100,000 in debt and now live their unique marriage mission in Los Angeles.
Scott Schroeder, co-host of KABC-790’s Investment Talk Radio, is currently the Senior Vice President of Dallas-based boutique firm, Milkie Ferguson Investments, where he specializes in retirement planning.
Title: Managing the Marriage Purse: The Newlyweds’ Guide to Financial Mastery
Author: Robbye Schroeder with Scott Schroeder
Genre: Finance
ISBNs Book: 1604946342, 978-1604946345
ISBNs Workbooks: 1604946334, 978-1604946338 (Her); 1604947403, 978-1604947403 (Him)
Publication Date: January 2012
Pages: 318 (Book), 104 (Workbooks)
Price: $17.95 (Book), $10.95 (Workbooks)
Publisher: Wheatmark
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