In the flurry of activity and excitement before your wedding, plan sensibly for your marriage so that it is a lasting one. Often, people caught up in the romance of marriage forget that the act of marriage usually creates legal obligations between the two individuals involved. Look beyond the shopping and arrangements required for the ceremony and plan in advance your personal finances such as:
Prevent misunderstanding by talking frankly about spending habits so that unpleasant surprises don’t crop up in the future. Reach an agreement on whether to pool your resources or not. Plan for your future, keeping in mind that tragedies and emergencies strike you without any advance notice. Retirement planning is a crucial element of financial planning as a couple and helps you to establish a pattern to save for your future together.
Your budgeting for personal finances may include:
Artha Yantra can help you in planning your personal finances and securing a safe future with your spouse. Talk to our financial advisor about financial planning for your marriage today.
You can also use our free integrated personal finance platform ARTHOS to plan the financial aspects associated with marriage.