Your finances can be hard enough to navigate on your own, but what do you do when you add another person to the mix? For starters, discuss your credit history. "When you're willing to take your clothes off in one way with each other, you should be willing to get financially naked as well, “ says Manisha Thakor, co-author of the book “Get Financially Naked.” Join us this Saturday at 2pm ET for more tips from Thakor. Plus post any questions you have and we’ll answer them live on the air!
I'm in my mid thirties with no credit history and my girlfriend is in her late twenties with a checksystem hold on her banking activity. I have a checking account which I only use via debit card and to transfer funds to a savings account.
I've been thinking about a secured credit card to start building my credit but I don't even know my credit score. I don't owe money to any creditors and am a renter with basic utilities in my name- all of which (3) required a cash deposit.
I need some advice on how to lay a solid foundation for my credit future
This is kind of a provocative way to pose the issue, in my view ; but I have to say on this one that I 'm not really sure what you ( or the author ) are asking. Do you mean that both paries in a committed relationship should be totally transparent about their assets? Clearly in today's day and age with pre-nups & temporary arrangements ( which I would suggest is related to the Liberation of Women ) the idea of trust, permanence & fidelity has become somewhat relativistic ( and notwithstanding that dying breed that still go down on bended knee in the old-fashioned way ( I did that too! ) to keep 'chivalry' alive & well )! I guess to each his own. If it works for you, then...
I find your comment about the tax paid by celebrities receiving free gifts to be inaccurate and misleading. The max income tax is 39%. Right? So on a $1,000 gift the celebrity does NOT pay $500, but $390 (not even a rounding error from an accounting point of view. So if the celeb were to buy the $1,000 gift retail they would also pay the sales tax at the normal 7+% in CA. So why not take the gifts - if it's something they want, it's less expensive than any sale they would ever happen upon. Hence, the gal representing the "giver of gifts" saying they are being more careful or selective so that they get something they want and probably would have purchased for a lot more.
So why the $500 comment to the masses? I know there was a specific purpose for the comment because you are a highly intelligent woman. Thus it was probably the network that penned the remark to place a subliminal attitude in the minds of the many who don't or can't dissect the truth. Definitely not your fair and balanced approach.
P.S. FOX probably would have said $700......