5 reasons why you need a prenup, even if you’re broke


Conversations about money aren’t always easy and worse when it’s about a prenup. Here’s why you need draw one up whether you’re old or young, rich or poor.


To protect your inheritance

In an unfortunate case of death, a family member might see it fit that they leave you to inherit their assets. That could amount to loads of money and you wouldn’t want to share that with someone who’s about to be your ex husband.

To address a difference in income

One of you might be working whilst the other one is still persuing their studies. Depending on what the field of study is, there could be a huge difference in salaries for three to four years at first.

Should things go South, a prenup can protect the working partner from having to financially maintain the ex.

To protect your accounts

You might not have money in the bank, but you’re still working on accumulating your pension fund or savings. Should you divorce, these funds will be at risk and you’ll be left with very little to live on when you retire.

To help you manage debt

Broke doesn’t mean uneducated and often formal education comes with a huge student loan debt. Now a prenup helps you decide on how you’re going to manage this debt. If you aren’t careful, you might find yourself paying off your ex’s student loans as well as yours for many years to come.

To protect your future children

When you’re young, children might be the least of your worries, but in a few years time you’d wish you had properly planned and secured their future. In your prenup you can include that in case of divorce, certain assets aren’t to be split because you’ve left them for the children.

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