Marriage - Tying the Financial Knot

Posted by Nicholas Hall

So you're getting married? Have you sat down with your fiancé and discussed finances? Have you talked about how you'll combine your income? How you'll pay your bills? Have you talked about your saving and investing goals, your philosophy about money, your spending habits, your debts?

Disagreements about finances is the number one cause of divorce, so getting these issues out in the open and coming to an understanding before marriage can greatly increase your chances of staying out of divorce court.

We've all heard about pre-nuptial agreements among the rich and famous, but do they ever make sense for the average American? Pre-nuptial agreements can save many a bloody battle if your marriage ends up in divorce, but since most of us don't get married with an eye towards the divorce courts, we never even consider a pre-nuptial agreement.

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