7 Steps for Newlyweds to Take Towards Financial Security
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When we got married, it truly was one of the happiest days of our lives. We had a great time with our friends and family, and had an awesome honeymoon to Tahiti. Once we got back, we settled into our day-to-day routine living together.
One thing we realized quickly was that we needed a plan to effectively handle our finances.
We needed to get on the same page and work together to reach our goals. By communicating and planning, we are well on our way to becoming financially stable.
Here are our top tips for newlyweds or couples to become financially free.
1. Talk About Your Financial History
Finances can be awkward to talk about. That’s completely understandable for friends and neighbors, but you should become comfortable talking with your spouse or partner.
You’ll probably want to start asking some financial questions as you get to know your partner. This will help you make a decision about if they are compatible life partners and if you can make compromises to work together. At the very least, you need to get serious about asking these questions…