Search:

An article on Personal Finance and related topics

For additional information and special deals related to some of the items on this article, place your cursor over the double-underlined links. All information supplied by Kontera.com

A Financial “To Do” List for Engaged Couples

By: Nathan Dawson

Engagement can be a hectic and overwhelming time for all parties involved. However, by setting a wedding budget and by creating a long-term money-management plan, you can ensure that you will start off on the right foot. Follow these steps for a good marriage preparation:

1. Prepare to merge finances
Discuss your spending and saving habits, your debts and assets and your respective salaries. Be sure that you have a realistic idea of how marriage will affect you both as a couple and as individuals.

2. Plan your wedding
Make a realistic assessment of how much you can spend. While the average wedding cost is $15,000, with careful planning you may be able to go lower than that and create memories that will last forever.

3. Decide on whether to have a prenuptial agreement
Prenuptial agreements aren’t always necessary. However, if there is a considerable difference in your net assets, it would be foolish not to have one drafted by a lawyer and signed by the necessary parties.

4. Merge your money
In the eyes of the law (and creditors), a married couple is a single financial unit. This holds true, even for those couples who decide to open joint bank accounts.

5. Go over your taxes
A good accountant may help out in this area. Generally speaking, dual-income families get penalized by tax laws. Evaluate your tax situation and decide if it is worth it for both of you to work.

Article Source: http://ezine-articles-planet.com

Nathan Dawson writes for www.marriedfinances.com and www.successfulmarriageresource.com, great online sources for marriage and finance information.

Please Rate this Article

Not yet Rated

Click the XML Icon Above to Receive Personal Finance Articles Via RSS!

Additional Articles From - Home | Finance | Personal Finance

Real Estate Available In Costa Rica - By : Ben Needles
The Required Five Individual Finance 2009 Resolutions - By : Bill Spohnholtz
Live lean, Lower Expenses: Your Armor Against Global Recession - By : Joe Cline
People Search Sites....The Legitimate Ones!-00-1088 - By : dapster
Investing For Retirement - The Key To A Comfortable Retirement - By : Gerry Marshall
How A Personal Loan Can Benefit You - By : Chloe Ramsbottom
Drive Wise and Ease Your Pain at the Pump - By : Joe Cline
6 Good Questions to Ask your Finance Broker - By : Clint Jhonson
Personal Consolidation Loans - By : Clint Jhonson
Available Lending Choices Remaining for Payday Loans - By : johnnyacerjr

Authors, Sign Up for a free account or learn more.

	Print This Article
	Post Comment
	Add To Favorites
	Email to Friends
	Ezine Ready

Writers/Authors Submission Guidelines
Member Login
Submit Articles
Most Popular Articles

Publishers Article RSS Feeds
Terms of Service

Advertise Now

Share This Page:

Site Information Link to Us
About Us
Site Blog
Contact Us
Privacy Policy
Multi Site Article Search
Links Directory

Sponsors from all over the web

Would you like your site listed here?

Is This Site Useful?
If you found this site useful, please consider buy the webmaster coffee and get a free link back to your site!

Thanks for your support!

Site Stats

Please Rate and Vote For Us: