Is the Millionaire Matchmaker for real?

Good morning Loves.  This past weekend I was channel surfing and landed on the Millionaire Matchmaker.  Have you seen this show?  I have admittedly seen the show before, but I’ve never watched a full episode.  This time I sat through the entire show and to be honest I was a little disturbed.

For those of you who haven’t seen the show, Millionaire Matchmaker shows the day in the life of the founder and her staff as they try to help rich people find their perfect mate.  I am not sure if it’s the financial planner in me or it’s because I am a woman who makes my own money.  But the thought of men searching for women who want to marry rich really bothers me.

Should we pay to meet our mate?

Millionaire Matchmaker is a fee based club that millionaires join in the hopes of finding their one true love.  They are set up in a social mixer situation where they can mingle with several potential mates and choose two to go out with on an official date.  This whole scenario has me wondering,  if we can’t find our true love out there in the real world can we really find them in a contained environment? I’m not so sure.

I have been lucky to be with my boyfriend for several years.  If I was single I’m not sure I would pay money to meet my soul mate.  I don’t think I would join a club or subscribe to an online dating service just to check the married box.  I know a lot of couples who met online and are still together, some even got married.  But I’ve also heard a lot of horror stories about online dating.  I hate wasting money.  If I pay for a service I better get my money’s worth.

Then there’s the prenup question

If men are joining Millionaire Matchmaker to meet women who want to marry rich I have to ask, what are they getting themselves into?  Women who have no ambitions and just want to marry men for their money are gold diggers.  Aren’t they?

Maybe these rich men (and sometimes women) will find true happiness through the Millionaire Matchmaker.  Maybe they will fall in love and spend the rest of their very well off lives with someone.  But in the back of their mind wouldn’t they always be wondering, did she just marry me for my money?

I hope these savvy business men are smart enough to have their future Mrs. sign a prenuptial agreement.  But would the bride-to-be sign it?  If you are a woman and you want to marry rich would you sign a prenup?  I don’t think so.

Can you base a relationship on money

I am the first to admit that every couple has to be on the same page when it comes to money, otherwise the relationship probably won’t work.  However I am not convinced that a relationship based entirely on money would work out either.

Photo by Rob B

Friday Faves: I’m back from Boston and boy did I have fun

This is a picture of Jellyfish from The New England Aquarium in Boston.

Good morning Loves.  This is photo from my trip to Boston.  It was my second time and I had a blast.  There are a ton of cool things to do in Boston such as The New England Aquarium, The Boston Harbor and the North End, which is Little Italy.  I discovered Mike’s Pastry’s where I ate some of the best cannolis I have ever tasted.

My trip to Boston was amazing and this weekend I plan to stay in bed and relax with Netflix.

Have a great weekend.  Enjoy these posts.

The Pursuit of Riches – Day 150 – The Things on My Want List

My Frugal Wife – Saving Money on Pet Care with PetCareRX

So Over This - Getting the Most Out of Your Children at Tax Time!

Cash Cow Couple – Improve Your Credit Score by Applying for Credit Cards

Gen Y Planning - The Power of a Mastermind Group

The Debt Myth – Paying Off Over $50k

Photo by tahnyakristina

Tax Filing Facts for Newlyweds


There are close to 2.1 million marriages annually in the U.S. While nearly half of these marriages will end in divorce, there are a number of tax breaks you can take advantage of during your years of wedded bliss.


Before enjoying the fruits of matrimony, you’ll need to spend some time updating your records with the IRS to make it official. When you go from single to married, you can change your filing status with the IRS that year assuming it falls in proximity with the current tax deadline. Other qualifications to change your status to married include:

  • Living together
  • Residing together in a state that acknowledges common-law marriage
    • Alabama, Colorado, Kansas, Rhode Island, South Carolina, Iowa, Montana, Utah, Texas
  • Married but living apart (not separated by divorce)
  • Separated and in the midst of divorce (not final)

If on December 31 of 2013 you were not legally wed, then you should file your 2013 return as “single.”

One stop “benefit-shop”

It’s true that marriage, in its purest form, is intended to be a union of love between two consenting adults but that doesn’t mean you can’t enjoy the financial perks as well. If both individuals receive benefit packages from their jobs then they can select the most appealing benefits from both plans. Depending on which ones are chosen, the right selections can make for a winning combination with additional tax savings.

Greater Giving Power

The IRS puts a limit on the amount you can deduct from charitable donations. However, the limit dramatically increases if you have a spouse.

“You may have to reduce the total amount of certain itemized deductions, including charitable contributions, if your adjusted gross income is more than $150,000 if married filing separately, $250,000 if single, $275,000 if head of household or $300,000 if married filing jointly or qualifying widow(er)”

—Publication 526 Charitable Contributions

Protect Your Property

Married couples have the assurance that if they die unexpectedly, their assets will be safeguarded by their spouse. Based on federal tax laws, you’re spouse automatically inherits your estate and assets unless otherwise noted.

Delightful Deductions

Married couples with children, on average, are able to save more on their taxes than their single counterpart. As of 2013, you can claim up to $3,900 in exemptions for each child or relative you claim as a dependent. Fortunately there is no gross income specification, so high earners fear not!

Lawrence Levy of Levy and Associates advises clients to change their withholding status so that they can reduce the amount of money withheld. “Since you are claiming an additional dependent, you don’t need to withhold as much money for tax purposes. To do this, simply file a new W-4 with your employer.”

Expedited Filing

This one’s pretty obvious, but nonetheless it counts for something. You’ll save time, money, and energy by filing jointly. Couples who squabble over money troubles are 30 percent more likely to get a divorce so while you’re at it why not consult a professional tax specialist to see what other benefits you can claim as a married person.


Photo by LendingMemo.com

Three Types of Workers Technology Will Never Replace

technology knitting[The following is a guest article]

As technology continues to advance in ways that were never thought possible, more and more jobs are becoming obsolete. Tollbooth collectors, cashiers and factory workers are just some of the casualties of the robot movement and who knows what or who is next?

Before you start panicking about your job security, take comfort in the fact that technological breakthroughs take years to come full circle and there are jobs that technology will never be able to replace. Don’t believe it? Read on to discover just three of the jobs that are strictly for the human race.

1. HR Workers

HR departments and recruitment companies such as Chandler Macleod and Drake are responsible for finding and hiring skilled, suitable individuals. However, HR employees are also involved in conflict resolution, confidential counselling and providing constructive criticism. These three duties revolve around human interactions and require tact, understanding and genuine empathy. After all, HR does stand for Human Resources. Can you imagine a robot or software program providing the same service? It would be impossible to program and account for all the possible scenarios that arise in a workplace, let alone expect a robot to convey human warmth. Humans: 1, Technology: 0.

2. Quality Assurance Workers

No matter how lifelike robots appear or how intuitive they are, they will never be human beings and are therefore unable to relate to the human experience. Imagine that you have just produced a new line of cakes for your bakery business. For quality assurance or taste testing, who are you going to trust: a human with taste buds or a robot with wires and nodes? It’s not just the food industry that will forever rely on human reviewers; any product that is designed for human comfort or consumption will have to be evaluated by humans. Let’s face it, we can be fickle, whingey creatures and perhaps fortunately, technology can’t reproduce that.

3. Politicians

No matter what your opinion of politicians is, you have to agree that this is one job that humans will always perform. The ability to appeal to the masses is often only achieved through appearing human and personable. Voters want people that they can relate to as well as respect. Interacting with other world leaders also requires great tact and even humour at times. The level of human-like artificial intelligence required would simply be too high for developers.
Besides, can you ever imagine a scenario where politicians would actually allow robots to be political candidates, let alone sworn in? And even if you didn’t suffer nightmares of a post-apocalyptic future after watching The Terminator, why on earth would you vote for a robot?

What are your thoughts? Do you know someone who has recently been replaced by automation? Which jobs do you think are completely safe? Whether you love the idea of technology and robots, or think that jobs should always be for humans, please share your thoughts or story in the comment box below.

Photo by Brenda