Managing Your Finances Once Married

It?s important to plan for your financial future beforehand so you have idea of what to expect. Once you get married, most newlyweds? open a joint checking/saving accounts
Below is a list of 4 easy steps to take when determining your financial future.
Step 1-Determine your net worth
Net worth is the difference between assets and liabilities. Make a list to figure out your net worth, make a list of all the things that you own and assign approximate values to each one. Then make a list of all your debts. Subtract these two numbers and you will have your net worth.
Step 2- Family accounting
You will need to decide who is going to manage your accounting. Is one partner going to manage the finances or will this be a shared responsibility? Are you going View the rest of this article