Separate or Joint Accounts in Marriage

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Grant Cardone and Elena Cardone discuss the how to handle money in your marriage. Many couples are pulled in different directions taking care of kids and managing their business success. Grant and Elena offer tips and insights based on their own reality, challenges and successes in their day-to-day lives. Their banter is relatable, entertaining and informative. On today’s episode Elena and Grant provide tips on how to manage the delicate blend of love and money. It’s a very important topic in any relationship that must be discussed openly with clear purpose. G&E site a Forbes magazine article, “5 Financial Tips That Ruin Your Marriage” which reported that most marital strife comes when materialism is valued more than the marriage, when there are conflicting values about money, when traditional roles are adopted that do not fit, having opposing spending styles, and not having a long term plan in place. Grant offers these key steps couples in relationships should take to ensure their financial futures are on point. 1. Decide who is in charge of the money. 2. Have separate accounts with a clear purpose for each. 3. Agree on the spending. Establish where the money will be spent, on what and how much. 4. Get to the WHY! Why do you want money? Agree on the bigger goal.
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.