VIEWS: 18 PAGES: 1 CATEGORY: Relationships POSTED ON: 11/15/2012
It may be every woman’s dream to get married and to marry the man they love the most, but of course, marrying that man means that you will marry every bit of him as well n you will now be a part of his family. Despite the “for better or for worse” promise, it is still important for women to understand how getting married will affect their finances. Here are finance tips for married women to consider.
Finance Tips For Woman Getting Married It may be every woman’s dream to get married and to marry the man they love the most, but of course, marrying that man means that you will marry every bit of him as well. You will now be a part of his family, his friends the quirky habits and of course, the both of you will have to handle the financial situations as well. Despite the “for better or for worse” promise, it is still important for women to understand how getting married will affect their finances. Here are finance tips for married women to consider. 1. Women must know about the importance of money and how to effectively manage all of their finances. One must know about investing, the right ways to save to money, terms and conditions and the solutions to financial issues such as debt and credit issues. You also have to understand and check your credit regularly to know if there are things to be disputed. 2. Most couples skip this step because they don’t understand how important and helpful this will be when they get married. Couples should undergo financial counseling to better understand that money matters should be handled really well otherwise they might end up filing for divorce. Just remember that you have to be honest at all times during the process in terms of how much money you earn, you save, spend, the amount of debts that you have and your perspective on managing money. 3. A lot of people don’t like to open up the topic about pre nuptial agreements but what they don’t understand is that it’s all about practicality and being realistic that these things may happen unexpectedly. You and your future husband should have an agreement regarding this issue and if you do continue with this, make sure you provide a legal presentation for proof. 4. It is important that the two of you should have a wedding that you can really afford. Most couples go into debt just to get the wedding of their dreams which is often not advised to couples. If however, you are planning to use your credit, make sure you check credit score to see if it is in good shape. But as much possible, try to keep your spending on the low to save up for a better future. Keep in mind that you may have kids soon and bigger bills to pay for. Never start your married lied under debt and with a bad financial status. These things are to be considered before getting married to ensure that the two of you live a life that is financially secure and stable. You may not be in favor of some of the things mentioned above but it is important that you think realistically and practically. Take your time and try considering these to get the best out of your marriage and to avoid financial issues in the future. Joy is an active blogger who is fond of sharing interesting finance management tips to encourage people to manage their personal finances. More specifically, she advocates that people check and improve their credit score regularly. Follow Joy and discover financial challenges that women face.
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