Tilted Brush Stroke

Producer: Priyanka Das Editor: Mohit Bisht

Why Couples Should Have Finance-Related Discussions Before Tying The Knot

Marriage is one of the most life-changing moments in the life of two individuals.

Couples need to discuss the decisions related to financial aspects otherwise it can lead to conflicts in the marriage.

Common Goals

Both husband and wife cannot treat their incomes as separate entities post-marriage. Spouses need to plan their financial expenditures according to the monthly expenses, retirement planning, etc.

Difference in Temperaments

In a marriage, both spouses will have a different way of approach, especially towards the way of handling finances as well. You need to be tactful and advise the better half to be wise with spending.

Sharing the Expenses

The concept of marriage is based on sharing responsibilities, whether it is about household chores or expenses. Splitting the expenditures strengthens the relationship and doesn’t make one person stressed about earning.

Joint or Separate Bank Accounts

It is generally advised for couples to combine all their assets and money in joint bank accounts. This is advised so that there is transparency in the relationship.