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7 financial mistakes you shouldn’t make for love

As Americans marry later or not at all, more are living with romantic partners. Here's what your cohabiting clients need to know.

By Bernice Napach | Updated on April 08, 2015

Americans are marrying later or not at all, and more are cohabiting. The median age for first marriages is now 27 for women and 29 for men, compared with 20 for women and 23 for men in 1960, according to Pew Research. And about a quarter of those who have never married are living with a partner. Given those stats and the growing rate of divorce among those 50 and older, it’s important for couples to organize their finances and avoid fighting about money.

In the new book “Loving in the Grown Zone,” Zara D. Green and Alfred A. Edmond, Jr., co-principals of A2Z Personal Growth Enterprises, list some major money-related mistakes unmarried adults in romantic relationships should never make for love. That chapter’s title: “Stop Financial Foolery in the Name of Love.”

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