Prenups Rules For Loans

The Dilemma of Loaning Money to Loved Ones

Have you ever had a family member or friend hit you up for a “loan” of money? Yeah, a lot of us have. On the one hand, you feel obligated to help out someone close to you, but your husband or wife may resent that money going out of the household.

Why Prenups Include Rules About Money Loans

This is why many couples include rules about loaning or giving away money in their prenups. Couples agree that they have certain buckets of money for the household and certain accounts for “play money” that each spouse can spend however they want. If you’re going to help out a family member or friend, fine, but you can only do that with your Play Money account, so it doesn’t impact the household finances.

A Built-In Solution to Avoid Awkward Conversations

For some, these rules also make conversations with family and friends easier. You can explain that your household rule only allows loans from your discretionary spending account, which might not always have extra funds available. It’s a practical and respectful way to navigate financial boundaries.