The Financial Side of Breaking Up

The Financial Side of Breaking Up

Relationship breakdowns can be devastating emotionally, as anyone who’s been through it knows. Then, just when you’re at your most fragile and vulnerable, you have to deal with unravelling your finances. This is where we learn that 1÷2 ≠ 0.5, even though we wish it...
Should I pay down my mortgage or use an offset account?

Should I pay down my mortgage or use an offset account?

Once every six months or so, my husband brings up paying off a chunk of our mortgage in a lump sum and I argue in favour of the offset account. The discussion that ensues is a well-rehearsed dance: Me: “But if we pay off a lump sum, if we need that cash we’ll have to...