Home Off Beat A few tips for newly weds to solve money issues

A few tips for newly weds to solve money issues

Often money matters create misunderstanding in your married life. In long term relationship finance is one thing which if not sorted out will be the root cause of all the conflicting issues. Here are few quick tips for financial matters:

1.Share the debts that you have to pay off. Maintain a proper record of all your accounts.

2.A joint checking account is necessary.

3.Properly chart out your investment plans.

4.Never go for late payments of credit card installments as it will increase the interest rates.

5.Be open if you have extravagantly spend on something crossing the planned budget. Discuss it with your spouse rather than keeping it a secret.

6.Sort out on who will pay the bills.

7.Maintain a daily record of the amount spend.

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