5 Financial Topics Every Couple Must Discuss Before Getting Married

Getting married is not just about picking groceries, having babies, or planning a family vacation. Marriage is also a merge of finances. It is one of the most crucial matters that couples often forget to discuss before tying the knot, leading to strained relationships later on. While love and trust are the foundation of a successful marriage, money crises are enough to bring cracks into the strongest of relationships, often leading to divorce. So, if you are planning to spend the rest of your lives together, then here are some important financial topics you must discuss before walking down the aisle.

Financial Topics To Discuss Before Marriage

Attitude towards money

Money matters can make or break a relationship, so it's crucial for couples to be on the same page. While some people are free-spirited spenders, others are savers. Understanding each other's financial habits comes in handy in knowing what you need to prepare yourself for.

Outstanding debts

Do you have any debt? If yes, how do you plan to pay off those debts? Asking these questions beforehand could save you from the shock and ugly fights that could follow after marriage. Knowing each other's credit history and financial dues is necessary to plan your future goals like buying a car or a home.

Plans On Starting A Family

What's your take on starting a family? How many kids do you plan to have? It's a big decision that impacts your finances and daily life. Talk about the expectations your spouse has in terms of who stays at home to take care of the children.

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Division of household expenses

Who will be in charge of handling the household bills? Sit down with your partner and make a budget that adds up your income and expenses. Figure out how to pay the bills on time and save some money for the future.

Net worth

Be open about your figures. Having clarity on each other's salaries can help you plan your budgeting in a better way.

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