Some couples see marriage as the beginning of a journey during which they will come to better know and love each other every day. Others prefer to have a clearer view of the path on which they are about to embark. Toward that goal, couples should take the time to explore some basic issues which will confront nearly all married couples. These are some of the more important discussions for persons about to marry.
Money and Finances. Financial issues are a leading cause of divorce. People about to join their lives should discuss if and how they will join their finances. Spending habits and the existence of current debt should be disclosed. Disclosure of all financial accounts is a must. Keeping a secret bank account is sure way to deal a serious blow to the marriage once the account is discovered. Couples should determine if they will share joint credit cards and bank accounts and whether income from all sources will be combined.
Other important issues include how much each might contribute financially to purchase of a home or car, whether retirement accounts will be established and how each views saving, investing and long-term financial goals. Feelings about lending money to family members, living within a set monthly budget and how much debt is acceptable are also worthy of conversation. Continue reading