What are some ways to prevent money problems in our marriage?

Answer 1

FIRST OF ALL DO THE THINGS ACCORDING TO YOUR BUDGET. TAKE ADVISE OF EXPERIENCE PERSON FOR PURCHASING OF CLOTHES JEWELLERY AND EXPENSES OF RECEPTION PARTY.

Answer 2

I have found in almost all marriages there is a spender and a saver--so it makes sense for the saver to be in charge of the finances--they are more responsible of the two--But making financial decisions and large family purchases should be discussed between both persons---Credit cards and debit cards should only be used when cash or a check cant be--and actually credit cards only in an emergency situation--and having to have new rims on your sharp short is NOT an emergency-- :-) You should save at least 6 months of house payments or rent in case the main bread winner is hurt or out of work for whatever reason--that way the small bills are easily picked up with a lesser job in the mean time--None of this is easy but who said running the financial side of a household was easy???

Answer 3

If both of you are working, decide how much money you need to run the family and who will contribute how much. Deposit that money in a common bank account each month.

Decide to keep the remaining money separate or together... discuss it out clearly....

Make sure you have sufficient savings....

And most important of all, when there is a fight... talk only about the disagreement on hand and not financial matters.

Answer 4

Dont become addicted to gambling like my exwife did. Dont steal from inlaws like my exwife did. Dont hide credit card statements like my exwife did. Sorry had to bash ex a bit. Just be very open on communication on ALL levels. After a while say 5-10 years communication could start to dwindle. Just keep that in mind and it should all work out. Make sure you both know where the money is going and plan ahead. good luck

Answer 5

Don;t know what sutiation you are. But get married in temple and keep reception by evening by calling all your friends and relatives. The money can be shared by both of your parents. And it is also known to the world that you both are married. By this way, you don;t spend much money to the marriage.

Answer 6

best way is to -
1. mutual understanding.
2. do not waste money in doing everything.
3. spend money only if you need it.
4. save some money for future needs or problems also.
5. if possible save for the after retirement also.

Answer 7

Communication works well. I am a fan of Dave Ramsey as he has some great advice about working with your spouse on money issues. Check out EBay for his stuff and maybe get one of his books or the library will have them. At the end he will just help with communication and respect

Answer 8

well for the start both the spouses should disclose their real income. then make a list of your monthly expenses taking in consideration your long time goals (like if you wanna buy something for your hose etc) so that yo know how much to save and depending on that how much to spend. then based on that deciede how much money will each of you will contribute and how much you will keep fof personal expenses.

be fair to each other's needs but also stick to the decision you make once.

Answer 9

Communicate, Communicate, Communicate then Communicate. Don't take each other for granted. Even the money you earn no matter how little or much, things can turn round. Do things together for you. Have fun planning how to when to where to what to and so on.
Good luck...

Answer 10

not taking dowry
avoiding reception
limited and very important relatives n firends called.
no extras added to the existing hall setup- be simple.
purchases restricted to minumum and just above average not going for extraordinary things in jewellery, clothing etc.

Answer 11

Only developing nature of not to give more imortance to money in life, than emotional attachmetns and values.