relationships | wealthymatters

Love?What is it?

August 29, 2014 Leave a comment

wealthymatters Love is not any one thing. It means different things to different people. People show love in different ways and people perceive love in different ways. Generally people perceive love easily when it is show in some way they interpret as love and this way is generally the way the person themselves shows love.

When similar types of people get together, love flows smoothly. The challenge is when different types of people are together. Then it takes work. It helps a bit, if people are self aware and have verbal skills to explain what they feel and why and how they are responding. But unfortunately this does not work with people with poor self awareness and verbal skills. They are of the school that love just ought to be, should not be defined, can’t be explained or indeed the very act of defining it, kills it. To them love is spontaneous and love is not a conscious decision. Some even see commitment as an end to love, not the beginning.

The greatest act of love is probably getting to know how other people define love and showing them love in the way they understand it, but its debatable whether anybody can act so contrary to their natural style on an ongoing basis. Read more of this post

Filed under Entrepreneurship Tagged with different types of love, postaday, relationships

Your Secret Fund

August 27, 2014 Leave a comment

wealthymatters As a Divorce Financial Strategist, Jeff Landers has helped many women and their divorce attorneys decide on the most advantageous way to divide marital assets, compute alimony and negotiate more favorable settlements.

Here is his advice:Married women need to keep more control of their own money by maintaining a separate bank account,one that their husband has no access to and maybe doesn’t even know about.There are several advantages to keeping this kind of “secret” fund, but there are a few potentially significant pitfalls, as well.Every marriage is different, and every woman has to decide for herself what may or may not work in her particular situation.

Pros of keeping a secret fund:

It’s secret. Having money that your husband doesn’t know about can be very powerful emotionally, as well as financially.These days, many women are years into lucrative careers when they marry. If you gave up paid work to devote time to parenting and household management, however happy a decision that is, you may have taken a significant blow to your well-earned independence and self-determination. Maintaining a financial reserve that is all your own can help alleviate that sense of loss. Read more of this post

Filed under Theory, Tool Kit Tagged with compute alimony, dissipation of the marital estate, divide marital assets, divorce, Divorce Financial Strategist, marital assets, money and relationships, non-marital assets, postaday, relationships, running away fund, secret fund

Common Ways Men Hide Money

August 27, 2014 Leave a comment

wealthymatters A husband who hides assets usually has very specific, predictable objectives. In general terms, his goals are to:

1. Hide, understate, or undervalue certain assets,

2. Overstate debts,

3. Report lower than actual revenue, and/or

4. Report higher than actual expenses.

Here are a few of the most predictable strategies.

Hoarding unrecorded cash. Moving cash in the form of currency leaves no paper trail, and offshore bank accounts are relatively easy (from a legal standpoint) to open. The disadvantage is that laundering over $100,000 in currency can be time consuming and will likely require travel. Depending on the circumstances, this tactic could involve the very serious criminal acts of money laundering, violation of cash transfer reporting requirements, income tax fraud and perjury. At a less sophisticated level, men stash money in safe deposit boxes, in the house or elsewhere. Think through your husband’s recent habits and activities. Does anything lead you to believe he is hiding assets in actual cash?

Secreting already recorded cash receipts. Advantage: This can be completed as part of a complex accounting scheme, which may be too complicated or expensive to discover. Disadvantage: Once cash is recorded, its absence or transfer is discoverable. Read more of this post

Filed under Theory, Tool Kit Tagged with divorce, divorce finances, how husbands hide money, postaday, relationships

Signs Your Husband Is Hiding Money

August 27, 2014 Leave a comment

wealthymatters You may have good reason to be suspicious if your husband:

• Maintains complete control of bank account information and online passwords.

• Is secretive about financial affairs.

• Owns a P.O. box or private mail drop box, which receives account statements and bills.

• Has meaningful unreimbursed business account expenses.

• Deletes one or more personal financial programs, Quicken or Quickbooks.

• Says the computer containing important financial records has mysteriously “crashed.” Then, he removes the hard drive for a data retrieval attempt, and it’s never to be seen again. Read more of this post

Filed under Theory, Tool Kit Tagged with divorce, divorce finances, postaday, relationships

How Successful People Say ‘No’

August 22, 2014 2 Comments

wealthymatters Most successful people know that how you say “no“ can be the difference between maintaining someone’s respect and ruining a relationship.

Telling people ‘no’ does not need to be an act of rejection. In fact, learning to say “no“ the right way can actually prove that you’re an attentive person.

First, understand the request. Hardly anybody will ask you to do something without a solid reason, so it’s safe to assume that when someone requests a favour, it’s meaningful to them. Successful people take the time to understand why each request is important to the person asking, as it shows they care even if they don’t have time to help.Total immersion in the request for even a short period of time tells the other person that you value them and what they are trying to achieve. Read more of this post