3 Critical Money Talk to Have Before You Say, "I Do"

It is no secret that money is one of the top reasons for divorce, and it will always be the top priority in a human life. It is therefore imperative that young people feel reasonably comfortable that the person they plan on spending the rest of their lives with understands money. In this post, I will share my top three critical questions about money before getting married.


First, you should find out about their financial background. The background is perhaps the most significant factor determining how a person views money. It largely determines how they view debts, budgets and spending habits. Clearly, it is possible to unlearn and relearn new habits, but it is still important to ask them where they are coming from in order to better understand their perspective.

Secondly, determine how they intend to manage money with you. Will they have a joint account or separate accounts, or a combination of both. I have written extensively on this topic in my book (see cover), and have suggested which option is best. See link to purchase on amazon - https://www.amazon.co.uk/Managing-Family-Finances-Couples-Professionals/dp/B0B7J78QX3

Finally, determine what their financial plans are for retirement (yes, retirement), savings, investments, insurance, mortgages, and children (or not) financial plan.

Note - Join me on zoom for The Unveiling of my 7 books on Saturday 26th November 2022 by 4pm GMT - click link https://lnkd.in/eaMp9e-B


#iEphraim #iEphraimbooks #iEphraimTuesdays
#money #people #linkedin #insurance #investments

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