When it Comes to Getting Married, think of your money as “yours, mine and ours”.
You’ve heard it before. Money can be the source of anguish in a new marriage. It can cripple an old one too! Are you prepared to consider some of the most challenging financial aspects of marriage?
If so, before you get married, be sure to come to Coastal for the help you need to open the joint accounts you need to succeed financially as a couple. Let us help you consider whether you need joint checking, savings and IRA accounts. Or, whether you’ll benefit by keeping some of your accounts on an individual basis. Let us show you our first time homebuyers program and help you consider how to make sound financial goals for the future.
Be sure to ask all of the tough financial questions!
How will you and your spouse be financially responsible in marriage?
This means for each other and to each other and includes legal things like being liable for joint debts.
Can you and your spouse be open and honest when discussing your finances?
The chances are that you and your spouse bring different financial backgrounds to your marriage.
How will you blend your financial differences into a healthy financial lifestyle?
One that both of you are comfortable with.
Can You Avoid Common problems?
Many couples have some disagreements over how much money each person is spending, either on themselves or overall.
Are there practical things you need to address?
When you marry you need to consider how your beneficiary designations are set up on your retirement plan, IRAs and life insurance policies.
Coastal can help you find answers for these questions!
Our experienced financial service representatives and trust and investment service advisors » are always ready to help. Browse through our website, come to your nearest branch, or to our trust and investment resources center today to discover all the ways to benefit from your membership. |
