Money Moves Couples Can Make to Build a Strong Financial Future

As a newly-engaged couple or newlyweds, you’re probably getting lots of advice from everyone around you. Some of this advice may be solicited, while much is not. Follow these money moves for couples to grow richer together as you grow old together.

Openly Share Your Entire Financial Situation

It's important to be open and honest with your partner in all aspects of your relationship, but especially when it comes to money.

Be Prepared in Case of Emergencies

When it comes to saving for emergencies, most Americans are woefully unprepared. The best way to protect yourself from unexpected expenses like a major car repair, a hospital stay is to start saving now.

Pay Yourselves First

This obviously means you'll need to establish a monthly budget for yourselves. It would be best if you had plenty of money left over when you deduct your monthly expenses from your income.

Live On One Income

When you pool all of your money together, you have access to more funds, period. For some, it may be possible to live off of just one income and devote the other to a specific financial goal.

Keep Working While You’re Child-Free

If you're not itching to start a family right away, give yourself time to enjoy the perks of the DINK life. DINK is an acronym for a dual income no kids household and is one of the most powerful money moves couples can make.

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