July 28, 2011

- Don’t bank on this ROI
Dear Mrs. Figgins:
My boyfriend, whom I’ve been dating for 11 months.
We’re both 32 years old. I have had a steady job since I was first out of college and have saved a good amount of money for my retirement.
We’ve talked about marriage someday but nothing has been set yet.
He’s asked me to invest in his new venture. I really don’t want to but if we’re going to have a future together I think it will show trust.
Looking for an emotional return on investment.
Dear Emotional:
Emotions and investments make for a down market in more ways than one.
Your future hopes are at big risk on this one – and so is your money.
He can’t commit on marriage and you want to commit your retirement dollars on him?
Don’t bank on this ROI.
Mrs. Figgins
Love,Relationships,Retirement,advice
July 27, 2011
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Make sure you’re not clipped too short!
Dear Mrs. Figgins:
For the past 8 months I’ve been dating René. I met him at my sister’s house, who lives out of state. He’s kind, thoughtful, romantic, and I’ve grown very fond of him.
He is a hairdresser at a small beauty salon. I’m an attorney and make a handsome living, although he doesn’t know about my finances yet. Actually, I’ve always traveled to see him. He’s never been to my house.
René says he loves me and wants to plan a life together.
Is it necessary to spill the beans about my finances at this point?
Madeline
Dear Madeline:
René hasn’t even been to your house yet – therefore it’s wise to keep the beans close to the vest.
Once you know more about each other then, tell him about your situation.
A pre-nup may be a smart idea, so you don’t get clipped too short!
Mrs. Figgins
Love,Relationships,advice