3 thoughts on “Here Comes the Bride…And a Whole Lot of Debt

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  1. Rachel @ The Latte Budget

    Thank you for this post! As I’m getting married in 8 months, my fiance and I have been working hard to figure out our budget ahead of time. We decided to do a joint account with separate individual spending accounts, where we each put a small percentage of our personal paycheck for fun money. This way, we are in tune with what the other is spending, but we each have a little freedom with our separate accounts as well.

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  2. Tia @ FinanciallyFit&Fab

    I am not married yet but my boyfriend have had pre-conversations about money. For example, we have talked about if we would want to have a joint account or separate accounts, our amounts of student loans debt and other recurring bills like credit card payments and student loan payments. I always like to know how married couples handle their finances!

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  3. Holly

    I think its important to have joint finances when you get married. And even more important is that each partner knows how to manage the finances – because you are equals, right? And what if the unthinkable should happen?
    So my husband and I have a joint account, as well as our old personal accounts. For the joint account we set a budget and decide what the money will go towards, take care of bills, and daily living expenses.

    Every payday we siphon off an agreed amount to each of our personal accounts for play money. This is for us alone to spend however we want – no discussion or compromise necessary. But once it’s gone, its gone.

    Also – the view/mindset needs to shift from ‘mine and his’ to OURS. Any debt is OUR debt, any savings are OUR savings. There is no use in resenting your partner’s debt – because when you marry it becomes yours too.

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