"MARRIAGE AND FINANCES": SOME FINANCIAL ADVISE AND TIPS FOR COUPLES
FINANCIAL ADVISE AND TIPS FOR MARRIED COUPLES AND COUPLES ENTERING INTO MARRIAGE
FINANCES are one major source of marital disagreements, power struggles and divorce.
Money makes the world go round, and relationships spin! Couples that constantly quarrel over money may be relieved to know that it is possible to live in a 'wealthy and healthy' relationship, if you know what I mean.
FINANCE-PROOF YOUR MARRIAGE AND AVOID FINANCIAL STRAIN AND DIVORCE
MONEY AND MARRIAGE: FINANCIAL MANAGEMENT FOR COUPLES - HOW MUCH OF YOURS IS MINE TOO?
Being amongst the top causes of divorce, abuse, suicides and family killings; finances & financial matters, as well as financial compatibility assessments should certainly never be taken lightly if a marriage is to succeed.
Talk as much as you can about topics like:
* Money management (including consulting expert financial advisors)
* Financial responsibility
* Sharing of responsibility
* Feelings about the woman bringing more than the man, financially
* Attitudes to debt/credit, spending and savings
* Financial vision: such as wanting a debt-free life
* Openness and disclosure
* Previous debts - such as any student loans and other debts
* Bad credit scores/ratings
* Responsibility to parents and other family members
* Social and Religious Responsibilities
* Contingency plans
COUPLES CAN WORK TOGETHER FOR JOINED WEALTH AND FINANCIAL FREEDOM
GROW YOUR WEALTH - TWO IS BETTER THAN ONE
Be as real as you can about money. I've heard of men who lead their wives to believe that money is really not an issue/concern, it's there in abundance, to be used and abused. Imagine the shock & betrayal when the poor wife discovers, upon the husband's death, that nothing actually belonged to them. Be real about finances!
(Married) Couples have an unmatched potential to generate wealth. Two people that have the same understansding and respect for money (are financially compatible) have a good chance of quickly growing their joined income; for the simple reason that two people working together towards a common goal are better than one person doing the same. Take good care of your money, no matter what your joined income amounts to, and it will take good care of you!