7 Money Moves Couples Can Make to Build a Strong Financial Future

Just engaged (or married?) Congrats! Follow these money moves for couples to grow richer together as you grow old together.

For many, marriage means combining  finances and financial responsibilities, so it’s imperative to  understand where both of you stand regarding savings, debts, etc.

It’s important to be open and honest with your partner in all aspects of  your relationship, but especially when it comes to money.

Openly Share Your Entire Financial Situation

Be Prepared in Case of Emergencies

The best way to protect yourself from unexpected expenses — like a major  car repair, a hospital stay, or a stint of unemployment — is to start  saving now.

Once your emergency fund is fully stocked, make saving for other short and long-term goals a priority and a habit.

Pay Yourselves First

Instead of looking at each of your salaries as your own, you can take the approach of looking at all of it as “our money.”

Live On One Income

Open communication, defining shared goals, and working together towards  them are the keys to financial success and fun in your marriage.

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