5 Money Questions to Ask Before Saying “I Do”
Calling all fiancés!
It’s the calm before wedding season, so today we’re sharing 5 money questions you should discuss before saying I Dos!
How did your parents handle finances?
This is a big one to get clarity on, because chances are – the apple didn’t fall far from the tree! This clarity can help you determine how you will handle finances as a team moving forward.
What’s your credit score?
This is important as you make potential plans to determine options for investing in a home or property.
Should we combine our finances?
Whether or not to have separate accounts, a joint one or all of the above is an important foundation to set for knowing how to organize future finances!
How many kids do you want to have, if any?
The average cost to raise a child to the age of 17 is over $230,000 – and that’s per kid! So be sure you discuss how many you hope to have, and how to save for expenses.
Who will be in charge of paying bills?
This may seem like a simple task to divvy up, but can be a point of contention and miscommunication when avoided!
We hope this helps any future brides and grooms out there to have some easy money conversations before the big day!
Please check out these tips in action on the Common Cents channel, and Like and Share this video with anyone who you know could benefit.!