ou and your spouse may be coming at your finances, spending, and saving habits from completely different backgrounds and experiences. This makes managing money as a married couple a little tricky, especially as newlyweds.That’s why we’re giving you 10 tips for managing your finances as a couple.
It’s important to get your history with money out in the open. Talk about how you grew up feeling about money, how your parents handled their finances, your first credit card, your spending habits – get it all out in the open.
As a newly married couple, will you be sharing a bank account or keeping your finances separate? Will you keep separate accounts and add your partner’s name to a shared account? Who will be responsible for which bills and expenses?