Share financial information with your spouse now to avoid problems later

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Good afternoon,

Are you part of a couple sharing your financial lives but not the responsibility for managing household finances? You're not alone. But if responsibilities unexpectedly shift due to a sudden illness or loss of a spouse, getting up to speed quickly could be challenging for the person least familiar with handling the family finances. Without the help of the person who has always handled the money, the one left in charge will face major headaches. Are you and your spouse equally ready to manage the household finances?  

Read our latest blog and take a short quiz to find out. The blog is also available as a printer-friendly PDF document so you can share with friends, family, and those you serve as a financial educator or aging services provider. 

Visit consumerfinance.gov/olderamericans for more resources to share during Older Americans month. As always, if you have any questions or need any additional information please contact us at olderamericans@cfpb.gov.   

Thank you,

Erin Scheithe
Office of Financial Protection for Older Americans
Bureau of Consumer Financial Protection


About the Bureau

The Bureau of Consumer Financial Protection is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations; by making rules more effective; by consistently enforcing federal consumer financial law; and by empowering consumers to take more control over their economic lives. 

Learn more at consumerfinance.gov

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