Financial Advising for Mid-Career and Family Starters

Personal finance takes some figuring out when it's still a one-player game. But then it becomes a two-player game. Or more.

Here are some typical questions we hear from our mid-career and family starter:

• My boyfriend and I are moving in together, but we have very uneven incomes. Should we split everything 50/50?

• I've been saving diligently, but my fiancé has a lot of debt. Do we need a pre-nuptial agreement before we get married, or is that weird?

• My wife and I are expecting our first child soon, but daycare prices are insane. Her after-tax salary doesn't even cover the monthly bill. What are our options?

• We just popped out our second child, so we're ready to upgrade to a bigger house by tapping our home equity. Do we have to move out of our old house first? Or could we borrow against our equity to fund a renovation?

There aren't many right and wrong answers at this phase of life, but a Magnolia Money advisor can walk you through the critical factors in implementing a good decision-making process. Contact us via phone, email, or social media to learn more, or to schedule a free no-commitment 30-minute consultation.