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How to not be average Joe?

If you marry you need to keep nest egg hidden just in case , with about 50% or marriages failing you need some security if nothing goes wrong you can break it out on retirement.


Missus & I had a shared bank account from when we got engaged. Back then, 25% deposit in the names of the borrowers was required for a house, so since the house was always going to be in both our names, we had no qualms about saving for it together. There wasn't much of a nest egg back then, but if there was, it would have been OURS! How can you share a life together and NOT share finances??? :dunno:

If someone was to enter marriage with the sort of deception that Glen48 mentions, they bloody well deserve to break up!
 

If someone was to enter marriage with the sort of deception that Glen48 mentions, they bloody well deserve to break up!

I agree BUT you need to be very careful to marry for the right reasons in the first place otherwise a bad choice will become your biggest nightmare as the years roll on.
 

Jesus Eager! Something I can agree with you on.

I agree BUT you need to be very careful to marry for the right reasons in the first place otherwise a bad choice will become your biggest nightmare as the years roll on.

Also agree with this.

I was given this advice from a Greek gentleman when I was nineteen (athough stated in more positive terms). He was observing me and my then girlfriend at the time and thought we made a great couple...

...we just celebrated our 27th anniversary.
 
We could do with a thread on how to choose a partner, as another way to preserve wealth - Here's a start -

1) must be kind hearted...any evidence of harshness or cruelty, forget it
2) similar intellectual capacity
3) matched sex drives
4) similar assets
5) know the person for long enough for initial chemistry to wear off
 

And preferably of the opposite sex.
 

I'd say that was a fresh start.
Glass half full! !!!
 
Pete Slipper is trying both side so we should sit back and see the results.....maybe
 
Eventually, though they won't be arrested, that is exactly what happens.

Do you have any personal experience with this? Or someone you know?

If you do get physically removed from the premesis - it will not be for quite some time. Ie. there is a minimum amount of time the landlord must give you (30 days at worst), and they cannot do anything to physically cause you to leave.

The law enforcement authorities will not get involved in this for quite some time - if at all.

So the point I was making once again, that if you are renting, you do not need to worry about having to leave in a hurry, you should have at least a few months to find a suitable replacement rental premises. I do not see a problem with this at all from the perspective of residential security.

Starcraftmazter, do your parents own a house?
Are you renting?

Yes & Yes.

THINK NOW
OR when your 50 and Joe Average it's too late.

Not if property drops by 70% by that time

Buying a property at the peak of the bubble when you are young so that you don't live in rent by the time you retire is not sensible, it is not calculated and it is not prudent.

It is downright retarded.
 
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