Should a couple discuss their financial plan before getting married?

United States
September 29, 2010 7:54pm CST
Do you think it would be wise for a soon - to - be married couple to discuss their opinion toward the future financial plan after their marriage? Maybe they have different views toward the future, and they might have different planning on their own head. It is better for them to discuss before hand, and save the disagreement later. A friend of mine who always argue with his wife, most reasons due to disagreement on how they spend their money with. So, it is better to have it discuss than sorry later.
6 responses
• United States
30 Sep 10
Before my husband and I got married we did. We had a joint savings account before we got married and we each put in a minimum ammount into the account so we can save for our wedding and also for a down payment on our house. Discussing finances are extremely important in order to know what each other wants. Commuication is the key to a successful marriage.
@wiccania (3360)
• United States
30 Sep 10
Absolutely. Not just getting married, either. If a couple decides to move in together, they need to have that discussion as well. Including a completely spelled out plan of who pays what bills or contributes how much towards the household expenses. Money can destroy any relationship, whether it be having too much or too little. If a couple doesn't have a plan in place ahead of time as to how the money will be handled, they run the risk of having it cause serious and irreversible problems in the future. They should also disclose any and all debt, because once you're married his debt becomes her debt and vice versa. College loans, credit cards, personal loans, car loans, etc. All of that has to be disclosed so that both parties know exactly what their financial position is before they jump in.
• Philippines
30 Sep 10
Yes, it is best to discuss your financial plan with your partner before getting married. Your family’s future is at stake, so planning is very important to avoid collapse. We should always be ready come what may.
@banban (601)
• China
30 Sep 10
Yes, why not. Nowadays, there are many disputes about properties when couple divoice. So it's better to have an agreement before getting married.
@Lore2009 (7378)
• United States
30 Sep 10
I think that would be a very smart idea. That is the most important thing about marriage... marriage, I always say is a business contract!
@laion10 (46)
• Mexico
30 Sep 10
Yea, i think that a couple would save a lot of discussions and money, too, if they discuss a financial plan first. Its a lot better...