Therapists are telling us that the number one reason that couples are seeking counseling these days centers around money concerns.
Money is one of the top reasons for divorce. Despite the economic downturn, it is not a time to blame or accuse. It is a time for couples to pull together, pool resources, make a realistic budget and take a serious look at what they need to do to strengthen and support each other and their family
In an effort to bring you a wide range of ideas on what to do during these difficult relationship times, we are bringing you different thoughts and ideas from a variety of sources.
A sampling of questions from AARP News: The following is a list of questions asked by readers of the AARP News-these are questions that even young couples are asking. Here are the questions.
Q. Over the past year I have moved most of my retirement money to bonds or bond funds … It now appears that bonds go down when the market goes down, but they don’t recover when the market goes up….Does this make sense, and what do I do?
Q. I’ve heard that pension benefits may be one of the casualties of the economic crisis. I’ve been retired for four years. Is my pension safe if my former company fails?
Q. What’s the latest with the financial rescue plan?
Q. Is my money safe? I have most of it in a bank account and invested in money market mutual funds.
Q. My bank, Wachovia, was just bought out. What does that mean for me?
Q. The Wall Street drama and the volatile stock market are making me extremely nervous. Should I bail out now and withdraw from stocks completely?
Q. I’m not one to ride out the storm on Wall Street. Where can I park my money that’s less risky?
Q. What happened with AIG?
Q. I retired five years ago, but with the economy and inflation as they are, I need to go back to work. Where do I start?
Q. I’m about to start a new job. What should I do with my 401(k) plan?
Q. I’m behind on my house payments and the bank is about to foreclose on my house.
To find the answers go to: Money on Your Mind
Women’s Institute for Financial Education: WIFE is taking an affirmative role in the crisis. Here is a link to believing in a turnaround using the prosperous thinking technique often promoted by Suze Orman. WIFE says their Money Attraction Affirmation helps you create dynamic changes in your life. “Financial freedom is within my reach.” www.wife.org – See it. Believe it. Achievement.
Gratitude and loving power: Three words of advice: Gratitude. Gratitude. Gratitude. This is not a time to point fingers, but to be grateful for what you have. Don’t fight – hug and love. Read my posting from the other day that talks about the research on human touch. Healing Touch
Copyright 2008 Rita Watson