Debt surprises are not healthy for a new marriage. Both people should know the consequences before the marriage. |
I believe one checking account is sufficient, but (spouses) should work together in making a budget and reconciling the budget to their spending each month. If that does not occur, problems will surface. |
Newlyweds should get in the habit early in committing to retirement plans, especially those with matching features. Roth IRAs are a great vehicle for the newlyweds to start saving for the long term. They should understand the power of compounding and how their savings relates to their goals of buying a house or a newer car. |