Finance Tips for Soon-To-Be Newlyweds
Posted On: September 13, 2020 by Farmers & Merchants Bank & Trust in: Budget, Family, Save
Whether you’re getting married in the next few weeks or in the coming years, this exciting time of your life comes with serious things to think about and discuss. How you manage money will change once you get married, so planning it out beforehand is a must. Here are some tips for you and your partner before you say “I Do”.
Talk about your debt
Honesty is key in a relationship, which means it’s time to be honest about what debt you have. Whether you have student loans, a car loan, credit card debt or something else, knowing how much there is left to pay is important before planning your budget. This might not be the most fun conversation to have, but it’s much better to have before the wedding than after.
Discuss your financial past
How your family handled money when you grew up can play a part in how you deal with finances when you’re older. It’s always
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