The Honeymoon's Over: Time to Budget One of the smartest moves newlyweds can make is learning to budget their money as soon as they get married. Often times newly married couples do not take the time to sit down and work out a budget that they both agree upon. This leads not only to financial problems but has the potential of leading to relationship problems as well. Here are some important steps to making a budget and learning smart spending habits. Study Both Incomes Whether each person is working or one is staying at home or going to school, it is important to look at each income and … [Read more...]
Newly-wed information – How to survive the initial phases
July 17, 2011 By Leave a Comment
Image via Wikipedia If you are a newlywed, you are entering into a different phase in your life. You are wed for a reason. You might have done it for companionship. For love. For intimacy, and much more. As a newlywed your expectations are sky-high. Your partner would have promised you a lot of things before marriage. Or looked promising enough rather. You are entering into a phase full of dreams and hopes. But then, the grass always looks greener on the other side. If you want to survive the initial phases of being a newlywed, you are in for a long time association with your spouse. … [Read more...]
Newlyweds: Starting out on the Right Foot
April 22, 2011 By Leave a Comment
One of the biggest challenges most newlyweds will face is learning how to manage their finances. While there are several options available for newlyweds to begin saving money, one of the most effective ways to start saving is to start up a savings account and pay off any debt that the couple may have. Here are some helpful tips to get the process going. Get a tax Break by Making Some Donations Newlyweds can also earn some extra money and help a good cause by making a donation to a reputable charity and getting a tax break. Donations can include anything from gently used clothing, toys, … [Read more...]
Cash Clueless? Time to Find a Financial Planner
April 16, 2011 By Leave a Comment
Money management can sometimes have an air of mystery about it. How? Why? Where? When? Making money goals, saving plans, investments, and personal spending policies can start to sound more like a whodunit than a financial review. Sometimes it’s best to forgo lone excursions in murky money waters and seek a navigator who knows how to make the best of a foggy fiscal situation. Financial planners have the ability to take your monetary goals and turn them from unsolved mysteries to smart strategies you can understand and implement. Finding the perfect financial planner, and avoiding their … [Read more...]