Financial Dos and Don’ts Before Marriage
Consider finances before you get hitched to avoid arguments or worries later on. Here are some tips:
1. Create Financial Goals Early On: Think about what you and your soon-to-be spouse truly value in life. What do you want to save up for? What assets do you want to by? Knowing where your priorities lay early on can prevent arguments in the future.
2. Create a Budget: Though it sounds simple enough, creating a budget requires you to consider exactly what you purchase each month and to think of small ways to save.
3. Pay off Your Debt: Or at least discuss what you plan to do so that everything is out in the open.
4. Begin to Save: You never know what will happen in the future, so start to think about where money will be spent in the long and short term. It’s easier to save money if you have a clear idea as to what it will be used for.
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