Tag Archives: joint finances

Money Questions for Potential Young Marrieds

"OK, kids, scootch in a little closer to the dollar sign..."
“OK, kids, scootch in a little closer to the dollar sign…”

Love is in the air. Valentine’s Day is right around the corner. Many candlelight dinners will be consumed, and many nervous young dudes will be popping a certain question. Well, slow down tiger. You can barely afford this fancy dinner. Can you afford to be married?

A lot of young folk skip right over this question, and this can lead to heartache down the road. One problem is that people just don’t like to talk about money.

If your relationship is heading toward joint finances, it’s essential to talk about it first – openly and honestly. A 2014 survey…found that 13 percent said they had failed to share information about their personal debt or income, which had “an effect on the relationship.” YourHoustonNews.com

So here are some questions for prospective brides and grooms to discuss openly:

  • Where are you financially as individuals?
  • What are your money personalities?
  • How do you want to live?
  • How will you handle everyday spending?
  • What if you need help?

As usual, these are the bullets. Lots of further explanation at the original piece. How about you? Were you once young and dumb and skipped over these questions? I WAS and DID. How did it work out for you? DID it work out for you? Let us know over at the MindField Online Facebook page, and have a great weekend!