Ongoing Financial Discussions
Every couple has a different approach to how fully they would like to
integrate their finances. Here are a few of the decisions you are likely to face
as a married couple:
- Important Documents
Do you both have access to insurance policies, wills, tax forms, bank
account numbers, investment specifics and other important documents and
- Current Debts and Assets
How much do you currently owe and are you paying off your debt as
quickly as possible?
Is your current budget working well for you, or are there areas in need
of adjustment? If your spending doesn't match your priorities, fine-tune
your budget to get the most out of your income.
Revisit the financial goals you made in the past. Are you moving toward
them as quickly as you'd like? Do you have any new goals to discuss with
- Financial Vulnerability
Find the weak links in your financial armor. Do you have too much debt?
Is your income secure? Do you have insufficient income to cover your
spending? Identifying your financial weaknesses is the first step to
strengthening your financial picture overall.
Is your division of financial responsibilities working for both of you?
If not, what can you change to ensure both partners are happy?