Getting Married

One of the most major life events is to get married. In addition to planning the wedding itself, you and your future spouse should also be planning your financial future beyond the party.

Make sure you are both able to reach a consensus on important financial issues:

• Will you combine all of your accounts or keep them separate?
• Who will be in charge of paying the bills each month?
• Will you buy a house or look for an apartment to rent?
• How often should you plan on buying new cars, furniture, appliances, or other big ticket items?
• Will you buy with credit cards or save up first?
• How much of your own debt and your spouse's debt can you live with?
• Would you like to talk to someone about a budget?
• What is your investment strategy?
• What are your financial goals?

These may be tough topics of discussion, but clear conversations and compromise are often the best way to ease the financial stress many newlyweds face.

Talk to Pro Fed about products and services to help manage your marital monetary plans.