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Six Financial Issues to Discuss Before You Get Married
11 Apr 2017 (57 views)  

Marriage comes hand in hand with commitments. Couples need to sort out certain financial issues before getting married. Moneysmart has complied 6 financial issues you have to discuss before the big day. 

Here is the summary of the article. 

1) Couples need to discuss their post-marriage accommodation, whether are they staying with their parents or purchasing a home for themselves. 

2) Couples need to discuss about the scenario of having kids. Are they able to afford one and what is the work arrangement after the baby is here.

3) Couples need to decide how are the living expenses going to be divided among themselves. Is one paying more because he/she has better affordability? 

4) There are obligations to both sets of parents, financially and physically. Couples need to discuss mutually on the level of commitment to be given to both sets of parents. The level of commitment might be different due to the current financial and medical status of the parents. 

5) Couples need to discuss to what extent are they merging their finances. It will be more convenient to have a joint account to pay off expenses that belong to both.

6) There is a need to balance between "dream" and reality when it comes to the wedding itself. Couples need to think about affordability when it comes to wedding planning. 

The full article could be accessed here: https://blog.moneysmart.sg/wedding/6-financial-issues-discuss-get-married/


Six Financial Issues to Discuss Before You Get Married
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Marriage comes hand in hand with commitments. Couples need to sort out certain financial issues before getting married. Moneysmart has complied 6 financial issues you have to discuss before the big day. 

Here is the summary of the article. 

1) Couples need to discuss their post-marriage accommodation, whether are they staying with their parents or purchasing a home for themselves. 

2) Couples need to discuss about the scenario of having kids. Are they able to afford one and what is the work arrangement after the baby is here.

3) Couples need to decide how are the living expenses going to be divided among themselves. Is one paying more because he/she has better affordability? 

4) There are obligations to both sets of parents, financially and physically. Couples need to discuss mutually on the level of commitment to be given to both sets of parents. The level of commitment might be different due to the current financial and medical status of the parents. 

5) Couples need to discuss to what extent are they merging their finances. It will be more convenient to have a joint account to pay off expenses that belong to both.

6) There is a need to balance between "dream" and reality when it comes to the wedding itself. Couples need to think about affordability when it comes to wedding planning. 

The full article could be accessed here: https://blog.moneysmart.sg/wedding/6-financial-issues-discuss-get-married/