Before the Wedding – Financial Plans for the Bride and Groom
Posted by admin | Posted in Prenuptial Agreements | Posted on January 06th, 2011
Since financial problems are one of the leading contributors toward divorce, an engaged couple would be wise to take preemptive action. The bride and groom can do so by establishing financial policies and practices that will be observed within their future marriage. There are three primary areas of discussion regarding finances within marriage:
1. Money Management
Couples should work together to develop a workable budget that they will follow. Even couples with minimal income can and should have a budget. This budget ought to reflect all expected income and expenses while being careful not to overlook savings, charitable giving, and an emergency fund.
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