Comments on: Financial Inventory Worsheet For My Spouse

By: 10 Things To Do After You Get Out Of Debt by No Credit Needed

10 Things To Do After You Get Out Of Debt by No Credit Needed — Tue, 23 Dec 2008 01:17:05 +0000

[...] have created a financial inventory for my wife, but I haven’t updated it in a while. In fact, this post has inspired me to do [...]

By: Rejuvenated And Ready To Rock: 10 Steps For Getting Back On Track

Rejuvenated And Ready To Rock: 10 Steps For Getting Back On Track — Thu, 29 May 2008 04:16:20 +0000

[...] Five: I logged into all of my accounts and updated my Financial Inventory. At first, I created this as a resource that my wife could use, if something were to happen to [...]

By: 2007 - No Credit Needed Year-End Review (March)

2007 - No Credit Needed Year-End Review (March) — Thu, 13 Dec 2007 10:32:15 +0000

[...] 22 – Financial Inventory Worksheet For My Spouse – What would happen to my family if I were to die or be injured? The last thing I want my wife to [...]

By: NCN

NCN — Thu, 22 Mar 2007 17:39:00 +0000

Kirby..
I’m a little confused… maybe I didn’t explain everything…
My wife and I sit down, not monthly, but WEEKLY and go over our budget, our finances, etc. The document above simply brings all that information into one place, for easy access. When I say that my wife is not interested in the “mechanics”… I simply mean that she’s not the one who sits down and actually clicks the buttons… But, she CAN. I’m totally transparent with her… Am I saying all of this correctly? My wife is VERY involved in our finances, but I’m the one who goes online and clickity clicks…

By: Kirby on Finance

Kirby on Finance — Thu, 22 Mar 2007 16:38:08 +0000

NCN, I think this is a good idea – but I see some potential problems. I’m sure you’ll think this is silly as would most of your readers, but you’d be shocked how often this becomes an issue. When a couple, for whatever reason, decides to stop dating or become separated if married – it’s not uncommon for one party (usually the one who would be hurt most financially by a divorce or separation) to make off with the others money.

Generally, for someone with a joint bank account, this is as easy as a trip to a bank or now, a click of a button. By doing something like this, you give the other a literally guide of where the money is, how much is there, how to get it, and the logins/passwords to do so. Since it’s a joint account, it’ll be VERY difficult to get any of it back.

I’m not trying to say this is totally a bad idea, but for me, I’d rather see people sit down with their partner each month (and when asked of course) and talk about what’s going on.

By: Moneymonk

Moneymonk — Thu, 22 Mar 2007 15:56:25 +0000

Wow~ I have the same sheet sealed in an envelope just in case. I told my spouse only open when I die. Mine is a little more detail, more like a will