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Yes, Virginia, You Too Can Be Rich - A Guide for New Female Investors

By , About.com Guide

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Consider a Prenuptial Agreement

In a world full of love and money (click link to read an article for a perspective on how couples should handle the question of joint finances and investments), one thing you should consider if you’ve managed to amass a respectable amount of assets is to have your fiancé sign a prenuptial agreement. I know, I know … in a world seeped in the robust Cinderella tradition where Prince Charming comes riding upon a white stallion and gives you the keys to the kingdom along with the treasury, it seems almost odd for some people, particularly those in the older generations, to consider that it may be the woman that needs financial protection. Thankfully this perception is changing as a result of high profile young female celebrities such as Britney Spears insisting upon iron-clad prenuptial agreements.

How do you know if a prenuptial agreement is right for you? If any one of the following is true, consider insisting upon a prenuptial agreement before you get anywhere near booking a venue or hiring a florist:

  • Do you have several hundred thousand or millions of dollars in assets?
  • Do you own a business that you’ve started on your own that, although not worth much now, you expect to blossom in the future and want to ensure you receive in the event of a divorce?
  • Do you expect to receive a substantial inheritance from your parents or another relative?
  • Do you think there is a possibility that your soon-to-be spouse will cheat?

The important thing to consider is that it would be foolish to spend a lifetime focusing on your investments and then throw it away because you become metaphorically blinded while in the throws of love.

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