Are You Financially Compatible Enough to Marry?

Women, in addition to spending hours poring over encyclopedic bridal magazines, I wish you would spend that same amount of time with your future spouse talking over these important points before you decide if you two should get married at all. In twenty years, the veil you selected will not come up in a fight with your true love, but the checking account surely will.

Here are some decisions to make before you decide if you will marry this person. It all comes down to priorities and expectations. Even if you don’t share the exact same priorities, if you have openly discussed them with each other, then you can manage the expectations each of your have for the marriage.

Joint Bank Accou


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6 Responses to Are You Financially Compatible Enough to Marry?

  1. John Jay says:

    This is a very good and pertinent list, given that so many marriages fail because of money issues. I think you should also discuss very specifically what your expectations are regarding standard of living and how much to spend (are you going to live modestly for your salaries, or try to beat the Jones’?), and observe your partner’s current lifestyle to see if this is reasonable.

  2. princessperky says:

    What about homeschooling? :)

    Will your life change after a kid or not?

    I am a FIRM believer in LOOONG engagements (without children) Gives you time to talk about other peoples lives and see where you fall in. Not gossip, but seeing what you would do in those shoes. Kind of like a colossall game of ‘what would you do if…’ My husband and I played it for our entire engagement, the car ride home from anywhere was full of talking, much of it how we would raise our kids.

    Including I might add a few differences..I thought Santa was an evil lie (cute story though) He thought blood in a video game should be red and abundant…we came to compromises, before we ever had a kid. (Santa is a cute story, but we wont lie, bloody games are limited, but the blood is realistic, and abundant) We did also talk of financial topics :).

    We never really stopped talking (though with kids here now, talking sometimes loses out to sleep!)

    I think it is why we have such a strong marriage.

  3. FallInLoveWithARichMan says:

    This is an excellent article. I only wish you could find out all of these things about a person by the third date!
    Investing years into a relationship with someone you love and then finding out that you’ll be financially screwed for the rest of your life if you decide to marry them sure sticks a person in a bad place.

  4. Ann says:

    The dowry really had its place, didn’t it? It used to be the parents’ responsibility to make sure the new couple started off with a solid foundation (of money, land, cattle, silk, labor, homes,…) We now expect a couple to fend for themselves with a place and money to live on, and instead shower them with things to fill their kitchens.

    So now it’s up to the couple to secure their financial future, instead of the parents. And it would be nice for the couple to make sure they will have a place to put all those kitchen things before they make up that registry.

    Thank you for your article. If it only were printed in bold in the wedding magazines…

  5. Fred333 says:

    Great article. My friend just got engaged and I showed him the article. Lets just say he had a lot to think about.

  6. Candy says:

    While anyone will tell you that talking about money is the first step in resolving problems, talk alone won’t do the trick.When emotions run high, people tend to make fiscal mistakes. Approach family finances as if you were running a business. “If you put a business metaphor into the picture, you’d be surprised how much more methodical people are.”

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