Want A Healthy Life Post Marriage? Follow The Tips
Money surely can’t buy you happiness but it does a lot more damage than you think, especially
for couples who just got married. As much as newlyweds hate to admit it, money is an important
matter to discuss in order to have a healthy life post marriage. There are a lot of things that
couples should think about to keep their financial life healthy.
Here are some tips for you to follow and to consider
Because you are starting a family and a new life on your own, you have to have your
own emergency savings in case something happens. Usually, the goal is to put away 6
months of your income in a savings account and it should be untouched at all times
unless it really is an emergency. And of course, you have to continuously allot for your
Things can happen anytime and anywhere, which is why you have to consider life
insurance. This is to ensure that your other half will be able to cover the expenses and
debts that will be left in case you pass on. This is especially important for the bread
winner of the family so as not to leave your spouse with financial dilemmas.
Your will will determine to whom your assets, accounts and money will go to if in case
something happens to you. Write everything down and keep it in a safe place.
It is important to tell your spouse all of your debts and the investments that you’ve made
and your other half should do the same thing. Now that you’re married, the both of you
are going to deal with all of this together. Get a safe box to put in all of the important
documents, such as certificates, files etc.
There will come a time that the two of your won’t agree on the simplest things. If this is
the case, you might want to consider hiring a financial planner to smoothen things out.
You’ll be able to sort out insurances, investments, shares and other future plans.
Couples should talk about credit card usage as well. Having a joint account will have the
two of you using it anytime you wish. Make sure you keep track of your credit report and
keep your free credit score report healthy at all times to make getting loans easier.
There are a lot more things to consider in keeping your financial life healthy. These are just the
basic things to talk about. Honesty will be greatly needed for this part of the marriage. Make
sure that the two of you have an open communication so that you can easily talk about the
issues that are about to come. Money can be quite different to manage especially now that
there two of you. Don’t let money get in the way, let your marriage take control and manage
your finances well.
Are your getting married? Get a good wedding planner and both of you should get your credit
report soon so as to determine your financial status before and after marriage. Also, have a
credit check regularly for a healthy financial life.