Happily Ever After: Financial Tips for Newlyweds

Join our #CreditChat on Periscope, YouTube Live, Twitter, and Snapchat on every Wednesday at 3 p.m ET. In this chat, we discussed financial advice that newlyweds should know.

The panel included: Elle Martinez: Founder of Couple Money and author of Jumpstart Your Marriage & Your Money: A 4-Week Guide  to Building Wealth Together; Zina Kumok: Founder of Debt Free After ThreeLauralynn Mangis: Online Marketing Specialist at Advantage Credit Counseling ServicesShannon McNay: Writer for Student Loan HeroRod Griffin: Director of Public Education at Experian; and Christina Roman: Social Media Specialist at Experian.

We’re also featuring financial tips all week on Snapchat.

Questions We Discussed:

  • Q1: What key financial items should couples discuss in the first few months of their marriage?
  • Q2: What financial information should married couples know about each other?
  • Q3: What important financial documents need to be updated after marriage?
  • Q4: What short term and long term financial goals should married couples establish?
  • Q5: How can couples who have different financial behaviors work together to achieve their goals?
  • Q6: What money management tips do you have for couples who have a large pay disparity or one spouse not working?
  • Q7: How do you manage finances with a spouse who financially supports extended family members?
  • Q8: How does marriage affect your taxes?
  • Q9: What common mistakes do couples make when combining their financial lives?
  • Q10: Any final financial advice for newlyweds?

Resources:

Jumpstart Your Marriage and Your Money by Elle Martinez- Founder of CoupleMoney.com

If you’ve never heard about #CreditChat, here is a brief overview:

Relevant chats on YouTube: