Financial Decisions to Make Before Marriage

Some of life’s biggest events come with important financial decisions and marriage might be at the top of the list. Many of the arguments in a relationship start because of disagreements about money, which is why it’s so important to have a conversation about money and managing finances before your wedding day.

In this episode, John will provide some financial guidance and useful tips for how to approach these topics with your spouse. Should you combine finances? How do you define certain spending categories? We’ll try to answer those and more during this show. Plus, John will also share the way he and his wife manage their money and why it works for them.  

Here are some of the things you’ll learn in this episode:

• What’s the best approach to combining bank accounts and managing spending? (2:43)
• John evaluates Ben’s spending setup for his family. (4:52)
• How do you define a personal spending expenditure and what is a joint household expense. (7:44)
• What’s the best way to communicate about money with your partner? (8:56)
• Who will manage your finances and should you have both involved?  (12:36)

Connect with us: 

Web: https://rosewoodwealthmanagement.com/

Phone: 919-391-3446