{"id":2745,"date":"2019-07-09T13:35:30","date_gmt":"2019-07-09T08:05:30","guid":{"rendered":"https:\/\/www.multimatrimony.com\/blog\/?p=2745"},"modified":"2019-07-09T13:35:30","modified_gmt":"2019-07-09T08:05:30","slug":"tips-for-newly-married-couples","status":"publish","type":"post","link":"https:\/\/multimatrimony.com\/blog\/tips-for-newly-married-couples\/","title":{"rendered":"Tips for Newly Married Couples"},"content":{"rendered":"<p>It is becoming more and more common to see people become engaged or soon to host a wedding. It typically becomes a topic in my friends\u2019 circle of how to handle finances as we learn to become a <a href=\"https:\/\/www.multimatrimony.com\/\">family<\/a> unit with our partners. Below are some helpful tips that I would like to share with you!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/multimatrimony.com\/blog\/wp-content\/uploads\/2019\/07\/Wedding-couple-meets.jpg\" alt=\"\" width=\"600\" height=\"429\" class=\"aligncenter size-full wp-image-2746\" \/><\/p>\n<p><strong>1.Communication<\/strong><br \/>\n           <a href=\"https:\/\/www.multimatrimony.com\/life-partner\">Couples<\/a> should consider talking about their financial goals, memories, and habits because each may come into the marriage with fundamental differences in experiences and outlook that will drive their behaviors. <\/p>\n<p><strong>2.Set Goals<\/strong><br \/>\n          Setting goals establishes a common objective that both become committed to pursuing.<\/p>\n<p><strong>3.Create a Budget<\/strong><br \/>\n          A budget is an exercise for developing a spending and savings plan that is designed to reflect mutually agreed upon priorities.<\/p>\n<p><strong>4.Set the Foundation for Your Financial House<\/strong><br \/>\n          Identify assets and debts. Look to begin reducing debts while building your emergency fund.<\/p>\n<p><strong>5.Work Together<\/strong><br \/>\n          By sharing the financial decision-making, both spouses are vested in all choices, reducing the friction that can come from a single decision-maker.<\/p>\n<p><strong>6.Set a Minimum Threshold for Big Expenses<\/strong><br \/>\n          while possessing a level of individual spending latitude is reasonable, large expenditures should only be made with both spouses\u2019 consent. Agree to what purchase amount should require a mutual decision.<\/p>\n<p><strong>7.Set Up Regular Meetings<\/strong><br \/>\n          Set aside a pre-determined time every two weeks or once a month to discuss finances. Talk about your budgeting, upcoming expenses and any changes in circumstances.<\/p>\n<p><strong>8.Update and Revise<\/strong><br \/>\n          As a newly <a href=\"https:\/\/www.multimatrimony.com\/success-stories\">married couple<\/a>, you may need to update the beneficiaries on your accounts, reevaluate your insurance coverage.<\/p>\n<p><strong>9.Love, Trust, and Honesty<\/strong><br \/>\n          Approach contentious subjects with care and understanding, be honest about money decisions you know your spouse might be upset with, and trust your spouse to be responsible about handling finances.<\/p>\n<p><strong>10.Consider Speaking with a Financial Advisor<\/strong><br \/>\nA financial advisor may offer insights to help you work through the critical financial decisions that all married couples face.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is becoming more and more common to see people become engaged or soon to host a wedding. It typically becomes a topic in my friends\u2019 circle of how to handle finances as we learn to become a family unit with our partners. Below are some helpful tips that I would like to share with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2745","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/posts\/2745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/comments?post=2745"}],"version-history":[{"count":0,"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/posts\/2745\/revisions"}],"wp:attachment":[{"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/media?parent=2745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/categories?post=2745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/multimatrimony.com\/blog\/wp-json\/wp\/v2\/tags?post=2745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}