Are you about to get married? Great! Congratulations! Here’s an early gift from me to you: don’t head into marriage in debt from the big day! You’re welcome. I can’t stress enough the importance of financial planning and money management for couples heading into married life. So, not begin with the cost of the wedding day itself, right?
As wedding season approaches, so does the excitement of thousands of young couples looking forward to their happy day. And rightfully so. After all, a wedding is an emotional event.
Choosing who you want to marry and actually getting married will affect the rest of your life. Picking the wrong person can lead to divorce, which is devastating emotionally and financially. So, it is extremely important that a person thinks long and hard about their choice of a partner.
Beyond that, the actual wedding day can have a tremendous affect on a couple’s future. To begin with, we all know that weddings are expensive. Very expensive in fact. One of the first and most important decisions a couple will make is how much to spend on their big day.
So, if you’re not too far down the road with your wedding plans, humor me a bit and let’s consider the financial impact of saying “I do” on your wallet. Thus begins our lesson in money management for couples. Pull up a chair kids.