Some tips before you go skipping down the aisle.

We will be attending two weddings in June; one couple is in their early 20’s, the other in their late 20’s. Here are a few tips for these couples and anyone getting ready to take this wonderful plunge.

Discuss your financial goals.
A huge part of being on the same page is having an open discussion about major life goals and financial commitments. Discuss short-term goals, such as paying off debt or buying a car, and long-term goals such as buying a house.

Budget your spending.
Failing to create and stick to a mutually agreed upon budget can lead to many problems. It can be as simple as listing your monthly income then adding your expenses and mutually deciding what to do with surplus.

Treat your money as our money.
This is your spouse, not your roommate. Keeping separate banks accounts and “chipping in” for expenses is one sure way to breed financial strife. A household account should be established so both spouses know where the money is going.

So skip down that aisle knowing that you have put your best financial foot forward.