Friday, December 9, 2011

Should I Discuss Finances Before Marriage

So you plan on getting married soon, and there’s just something that you’ve had on your mind, but you just don’t know what you should do or how you should say it. That would be the questions you have concerning your future spouse’s finances. You really need to know something about the finances before you say I do! You really don’t know how your future spouse has paid their bills and you just need to know now before it becomes a problem later on.

Well, as the old saying goes you can’t live on love, you need money to survive! Finance questions before marriage will help you and your future partner understand where you both are financially before marriage.

If your future spouse is not able to contribute financially, you will know this before you say your vows. That is why finance questions before marriage is so important!

How do I find out about my future spouse’s finances? You can find out by asking your future spouse, some or all of the following questions:

How much money do you earn? Can I see a copy of your credit report and score? Do you pay your bills on time? What is the balance on your outstanding bills? Have you ever filed for bankruptcy and do you have any judgements against you?

Do you pay child support? Do you have a savings account,insurance,investments and a retirement plan? Once we get married, will we both be able to spend freely? If we purchase a home will we own the home jointly?

Discussing your finances before marriage is important for future spouses who are planning to get married. It is a difficult subject for couples to discuss, however, it is crucial in maintaining a good relationship.

It may be beneficial to you and your future spouse to discuss your finances before saying your vows. It’s a good idea that you both are on the same page about how your finances are before the marriage and what your future goals will be for your finances. This may assist you both in getting past one of your most important hurdles for a marriage!

Discussing your finances prior to marriage, should assist you and your future spouse on keeping your marriage on track and in a positive direction for your future goals.

Finance is one of the most critical key components of a marriage. In many instances, marriages have dissolved due to the fact that couples have not discussed their finances prior to the marriage taking place. So make sure you find out about your future spouses finances before you get married, so this may not become a problem for you!


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