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  1. heather’s avatar

    heather on April 23, 2009 at 7:46 pm

    I’ve been wanting to ask you for advice for a while but didn’t because I didn’t want to ask for ‘free advice’. Now that you are inviting questions on your blog, here’s my chance!

    Until last year, my husband and had been living the stereotypical lifestyle of the 70s family home. He works, I stay home with the kids. He manages the finances, and nothing is in my name but the phone bill. I have no credit or savings of my own. Previous to marriage, I had always managed my own finances and even managed a small business and started saving rrsps, which I gave up to ’settle down’.

    Now that the children are in school, I have returned to work full time. I am not making lots of money, but I have a steady income. Nothing is in my name as yet. I feel vulnerable to the same poverty trap of our mother’s generation, in not having financial security on my own merit. Should our marriage break up, I would be living hand to mouth, with dependants.

    What can I do to make myself more financially secure without it being dependant on my being married into my husband’s financial well being?