Money & Marriage

A marriage is a merger. Merging lives… and money. So long before the walk down the aisle make sure you’re on the same page about family finances.
“It’s like the number one cause of divorce is financial matters. And, you know, a lot of times there’s secrecy involved, and that is really a danger.”
-Jessica Cecere, Consumer Credit Counseling Service
So before you start dress shopping, make sure you’ve picked out the right money mate.
What are your philosophies about money? Are you a spender or are you a saver? What do you want to do? What are our plans financially in the future… you should definitely know sort of past, present and future.
And if you’ve got a new house in those future plans, remember that your credit scores will also be joined.
SOT If one person has a low score, the other person has a high score, combined together, they’ll have sort of a mediocre score. And that’s going to affect how much money they pay on their loan, what the interest rate is going to be, their ability to get the loan, how much money…how large the loan can be. And low and behold, it will cost a whole lot more money to buy that house if the scores aren’t good.
VO 4 What about the wedding itself? At an average cost now approaching 30 grand, that party is a perfect opportunity to test your partnership.
SOT Do you want to be paying a wedding 10 years after you’ve been married or maybe you’re not married 10 years after you have the wedding.”
Standup Whether you like it or not, money and marriage also go together like a horse and carriage. So talk about money early…because you will be talking about it later. And if you don’t believe me…ask your mom.

A marriage is a merger. Merging lives… and money. So long before the walk down the aisle make sure you’re on the same page about family finances.

“It’s like the number one cause of divorce is financial matters. And, you know, a lot of times there’s secrecy involved, and that is really a danger.”
-Jessica Cecere, Consumer Credit Counseling Service

So before you start dress shopping, make sure you’ve picked out the right money mate.

What are your philosophies about money? Are you a spender or are you a saver? What do you want to do? What are our plans financially in the future… you should definitely know sort of past, present and future.

And if you’ve got a new house in those future plans, remember that your credit scores will also be joined.

“If one person has a low score, the other person has a high score, combined together, they’ll have sort of a mediocre score. And that’s going to affect how much money they pay on their loan, what the interest rate is going to be, their ability to get the loan, how much money…how large the loan can be. And low and behold, it will cost a whole lot more money to buy that house if the scores aren’t good.”
-Jessica Cecere, Consumer Credit Counseling Service

What about the wedding itself? At an average cost now approaching 30 grand, that party is a perfect opportunity to test your partnership.

“Do you want to be paying a wedding 10 years after you’ve been married or maybe you’re not married 10 years after you have the wedding.”
-Jessica Cecere, Consumer Credit Counseling Service

Whether you like it or not, money and marriage also go together like a horse and carriage. So talk about money early, because you will be talking about it later. And if you don’t believe me… ask your mom.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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