Dont Let Money Destroy Your Marriage

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Marriage is one of the most important events in a person’s life. You’re going to tie the knot with the one that you love and it is a really memorable experience.

Many people want their weddings to be magical and they want to make sure to make it as grandiose as possible.

However, if you want to do so, you will have to spend a lot of money for that, which is something that some couples don’t have.

But, do not let money destroy your marriage. If you do not have the necessary funds as of now, there are still some things that you can do. Read on to find out some tips.

  • Set Rules and Limits Together

The first step in wedding planning is to make sure that you set the rules and the limits together. These rules should be agreed upon by both partners so that in the event that everything gets planned, both of you are going to be happy with it.

Now, it is best that you set a flexible budget. What I mean by this is that the budget that you have in mind should be within a range.

For example, if both of you agreed to set a $40,000 budget for your wedding, you could make it flexible and put 40,000-45,000 instead. This is a good idea because some of the expenses might be more expensive than you’ve thought and having this cushion allows you to get that despite the unexpected price.

  • Have an Emergency Fund

Since you’re going to be partners for the rest of your lives, then you have to learn how to create an emergency fund.

As the title of the fund suggests, the money that is in it will solely be used for unexpected happenings.

In this context, if your budget doesn’t cover everything that you’ve anticipated, having an emergency fund can help you cover it.

  • Don’t Hide Money

As would-be couples, do not hide any finances from your partner. What I mean by this is that be truthful as to how much cash you’re willing to spend on the wedding.

Money can be a source of argument for couples and if you hide your total finances from each other, then it could stir up into something unsavory. As much as possible, tell your partner about your finances, especially with regards to how much you’re willing to spend for the event.

  • Paying for Your Wedding

Although weddings are quite memorable, they are also quite expensive. You have to hire a wedding coordinator, you have to get the venue, you also have to pay for the dresses, suits, among other things.

That is why you need to have your finances in check before you plan your momentous event. Of course, there are some things that you really cannot foresee, so if that happens, what are you going to do?

Aside from tapping into your emergency fund, you could take out an auto title loan. Most couples have a car and its title and those are the only two requirements needed by the lenders for you to get it approved.

As much as possible, pool all your resources together so that you can pay for everything. You want your wedding to be special, right?

Conclusion

Don’t let money ruin your marriage. With the right planning, you could pull it off. Before anything, set the rules beforehand. Create an emergency fund and let your partner know how much you’re willing to spend.

For the wedding, it is best to pool both your resources together so that you can pay for everything. Remember, don’t let money be the issue when it comes to your union with your partner because there are multiple ways you can get it.

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Recent Comments

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Very good advice to young couplea starting off.

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