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Fess Up! Are you a Spender or a Saver?  by: Nathan Dawson If you are in the middle of marriage preparations, you may want to consider talking about your financial plan before officially tying the knot. For example, if one of you has sizable assets, you may want to consider consulting a marriage lawyer to draft a prenuptial agreement for the both of you to sign. Are you planning on having a joint bank account? It’s not necessarily a bad idea, but a newly married man or woman may not have the same money management ideas as his or her spouse does. It can come as a shock to one spouse when the money from a joint bank account seems to be draining out faster than water spiraling down a kitchen drain. So, here is some marriage advice: now that the engagement ring is on your finger, have those conversations about money management with your fiancé (e). Be honest about your spending habits. Come clean about your debts Statistics show that newlyweds will argue about money more than any other issue. If you don’t communicate honestly about it now, you will likely need to get couple counseling to talk it over, later. Get the financial planning stuff out of the way now; that way, once you’re a married couple you can talk about bigger and better things, such as family planning. Wouldn’t you rather do that? About The Author Nathan Dawson writes for http://www.marriedfinances.com and http://www.successfulmarriageresource.com, great online sources for marriage and finance information. This article was posted on September 27, 2005 Read More Articles from the "Family" Category: 10 Tips To Reduce Your Exposure And Prevent Identity Theft by G.L. Bycz Where Do Your Priorities Fit? by Don Schmitz How to Save Money with Great Gift Ideas by Ispas Marin Television's Mysteries by TV Crazy Man 10 Fun Activities For Kids To Do At Home by Kenia Morales Borrowing Children's Products From A Friend, Or Buying Second Hand? Make Sure They're Safe, Says Safe Kids Canada by News Canada Looking For Satellite TV ? by Gary Gresham A Beginner's Guide To Using Aromatherapy With Children by Misty Rae Cech, ND Nothing Beats Family. by Ridgely Goldsborough Christmas – How To Create A Fun & Cherished Christmas! by Bernadette Dimitrov << Back to "Family" Index

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