Posts Tagged ‘engaged’
Money Tips For The Newly Engaged
Popping the question is probably the easiest part of getting married, the rest is much more complicated! Don’t let this put you off though as help is at hand. This article explains some of the most important decisions that have to be made with regards to finances. These decisions will have a bearing on how happy your marriage is so they must be given ample thought and not rushed into,
Getting your finances in order is imperative to having a long and happy marriage. This article aims to provide you with a check-list to ensure that you haven’t missed anything out. Follow these steps and you a half way to a happy marriage:
1. Merge Your Finances – It’s important to be honest with each other at this stage. You should both declare any debts or assets you have and then pool all the remaining money. It might be tempting not to declare a debt but this will only cause problems at a later date.
2. Set a budget for your wedding – There is a huge temptation to get carried away when planning a wedding and to end up spending money that you haven’t got. Have a look at your finances at decide on a figure you can afford and don’t spend a penny more.
3. Should you have a prenuptial agreement? There is not much that can destroy the romantic flow of an evening like either party bringing up the topic of prenuptial agreements. Regardless of this it’s a subject that should be discussed and both parties should be made aware of the advantages/disadvantages.
4. Merge money. A married couple is considered a single financial unit by the law and by creditors. This is true even for couple that have separate bank accounts.
5. Review your tax situation – There are often tax breaks available for married couples so you should consult your local tax office office. A qualified account will also be able to offer advice so if in doubt get a third opinion. – 35634
Marriage is important so dont’ rush into it. This article is written by a family and social affairs expert who also has experience in (http://www.unlockdata.co.uk/manufacturer.asp?man=Samsung-Unlocking-Codes) samsung unlocking.