image source
When you’re beginning to share your dreams as a couple about making a future together, it’s important to get on the same page financially. Given that the ‘money’ subject is one that’s so emotive for couples – people tie so much emotion to the greenback – it’s a topic to tackle early on in the relationship and certainly before getting married. Here are a few tips on how to plan financially for the future.
Don’t Avoid the Money Discussion
Before you embark on a life together, be sure you can live with how you each manage your money. Sometimes, one person is a spender and the other is a saver. This is hard to manage when this is the case. Compromises must be reached, otherwise things will never be happy at home.
Discuss Your Goals Other Than Marriage
While marriage is often the hot topic of discussion, talk about your future goals beyond marriage too. This is important to see what your partner is thinking or expecting for the future. Perhaps she will be wanting to have children and stay at home to raise them? Depending on how large a home is required, how much it costs and what he currently earns, her goals might not be financially realistic.
It’s best to draw up a budget to cost out what the dream life will cost. This is far better than not planning. Obviously, this goes for the wedding budget too, but in life as well. By discussing life goals, dreams and the nitty-gritty of your financial reality, couples can go into a long-term relationship with their eyes wide open.
How Can You Afford to Get Married?
If one or the other’s parents aren’t chipping in, then you’re on your own with the wedding and all associated costs. Cutting back on expenses in the lead up to the wedding is a good way to amass some savings before the big day. These savings can be used to cover the early costs to set up the wedding, pre-paying for a venue, and other items that need to be paid in advance to secure necessary services for the big day.
If you cannot afford all the wedding costs, then consider installment loans. This type of financial lending can be up to $2,500 per person, so it’s possible to cover a honeymoon, some wedding expenses or buy a previously owned vehicle from a dealership to start you off as a couple. These personal installment loans are fast to arrange and confidential too.
When thinking about your wedding, don’t forget what comes after. Many couples plan the wedding extensively but give little thought to married life. As such, taking out online installment loans becomes a useful way to plan the early months of your life together while avoiding disagreements over money. It can help smooth out any bumps in the financial road while merging your finances together and getting used to how the other one manages their dollars. By getting on the same page, it’s turns a wedding day into one that sets the stage for a happy future life together.
Keep up with Project Fairytale
Facebook / Pinterest / Twitter
Follow my blog with Bloglovin
