Marriage is a very intricate partnership between two people, filled with all kinds of complexities that can make it both extremely rewarding and difficult. Finance is an especially integral part of this partnership; in fact, money is now the biggest cause of divorces in modern society. In the midst of the excitement of getting engaged, busily planning the wedding, holding the actual banquet and then going on a honeymoon, however, it can be easy for newlyweds to forget about the important housekeeping tasks, especially when it comes to finances. Here are 4 financial steps to take immediately after getting married so you can maximise your dollars as a couple.
Set Financial Goals and Boundaries
For newlyweds, it’s crucial to take the first financial step as a couple together. This means being open about goals, earnings, savings, assets and even debts. Not every arrangement may be completely “equal,” but what’s