- Gender and Relationships
How to Avoid Being Married for Your Wealth
Start your marriage on the right track
Open your heart to love without depleting your bank account
Let’s face it; it takes time and patience to build wealth. Matrimony built solely on money and not mutual love and respect is can be a precursor to a slew of marital problems.
If you've worked hard to build a strong financial foundation for yourself before tying the knot then you don’t want your castle it to crumble by entering into an imperfect matrimony. There are a few things you should know before taking the marital plunge.
You may need a pre-nup before you tie the knot.
Marriage is a contract
When two people say “I do” to one another they are saying I do to more than love and intimacy, they are also saying, in most cases, I do to their future spouse’s financial obligations. Marital obligations are not limited to only taxes, investments, property, but also can include credit and debt in some community property states. Likewise, when a debt constitutes a family expense like groceries or housing, both spouses are most always equally responsible for it. When you add it up marriage can be expensive and complicated.
Foundations can crumble
Small money problems like one spouse losing a job or becoming disabled can cause even a perfect matrimony to crumble. Likewise, a marriage for richer and not poorer will surely die if the wealthy spouse can’t live up to contract of providing for the poorer spouse. That’s why marriage, like all contracts should be entered into with all eyes wide open, especially if one partner is considerably wealthier than the other.
Marry for love and you'll be richer
Marry for Richer or Poorer
To avoid being married for your wealth you have find and date someone who loves you for you. If you are wealthy that may be hard to do. Let’s face it; to many people you are considered a great catch especially when it comes to financial security.
Finding a mate to marry for richer or poorer really isn’t as hard as it may seem. You simply need to avoid the ones that want to withdraw the cash out of wallet and attract the ones that make deposits into your happiness.
Protect your heart, happiness and wealth by identifying and avoiding people likely to deplete your wealth. People who cannot provide for their basic needs and everyday living expenses are probably after your money and not your honey. Likewise, be wary of people who are too quick to marry. Too early to marry for a person with considerable means is less than a year of exclusive dating. Although they may appear to have it together financially there may be more or less to the financial picture that you aren’t privy too.
There are many benefits of being married, but money should not be the only one. Like your finances, your love relationships should be built on a solid foundation. One that not only includes mutual love and respect, but also considers and plans for the legal, social, emotional and spiritual well being of both parties.
After all, marriage is indeed a contract. A contract that you have to bank roll might just bankrupt you whereas a contract that pays dividends adds to your wealth. Remember to avoid people seeking to destroy your wealth and embrace those that add to it. A matrimonial contract that yields dividends opens with love, knows all the facts and writes them down (some call this a prenuptial agreement), proceeds with caution and then is sealed with a kiss (marriage).