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Marriage & Weddings

What is some finance stuff you should know before marrying?

_Just_A_girl_
_Just_A_girl_ Follow
Yoda Age: 32
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What is some finance stuff you should know before marrying?
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  • Qdbrown
    Qdbrown Follow
    Xper 6 Age: 55 , mho 33%
    +1 y

    If you make $5000 a month, and she makes $4000 a month, she really makes $9000 a month.

    If you lose your job and salary, there will be a divorce in your future. Make sure you get a promotion if you lose your job, and don't go more than about six months getting that new better paying job.

    Most women do not come down from their current lifestyle. If you let her get too much, too soon, you will have to meet or beat that lifestyle for the rest of your life.

    Most women will get and abuse as much credit as they can get. They will encourage you to buy all the house you will ever need, which can be a huge expensive house for a small family. Make sure you keep up with credit and open balances. Some women shop to feel better about themselves.

    Make sure you keep about six months of salary in a hidden account Incase she divorces you. Many guys begin their divorce life living out of their car, moving back home with mom and dad and couch surfing with friends. Many eat a lead sandwich because of the humiliation. If you have rainy day account, you can find a new home and be able to retain an attorney.

    If you know a divorce is brewing, consider changing your job to sales, as your alimony and child support will not be based on your commission. If you run your own business, create an LLC and have your real assets in the LLc and only pay yourself a $1000 a month, so when child supports gets figured, at most, it will be about 25% of $1000, and not 25% of what your gross income could be.

    1
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  • libsaretards
    libsaretards Follow
    Yoda Age: 33
    +1 y

    Here is my list:

    -Each others' income and debts

    -How each person views money

    -How each person manages money

    -How does each person want to share/not share income

    -Whether you will both help pay down each others' debts faster together or if you will keep the debts the responsibility of each individual

    -Know your tax brackets and how marriage will affect that

    -Know how credit works, how to build and how it is destroyed.

    -Know each others' financial vision of retirement.

    0
    0 Reply
  • watercolor_lions
    watercolor_lions Follow
    Yoda Age: 32 , mho 58%
    +1 y

    Your marriage income combined can affect your health insurance.

    If you receive Obamacare and get married, it can effect your income and they may ask for it back if you file married.

    My mom is a tax preparer and warns Pat and me to not file married on our taxes yet. We'll file as single until I get off of Obamacare (which is Market Place Insurance).

    0
    1 Reply
    • _Just_A_girl_
      _Just_A_girl_
      +1 y

      I'm in can
      Ty tho incase

      Reply
  • melanieeeB
    melanieeeB Follow
    Guru Age: 32 , mho 37%
    +1 y

    Get your own bank account, with your own name on it and your own ass money.

    0
    1 Reply
    • _Just_A_girl_
      _Just_A_girl_
      +1 y

      Facts

      Reply
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What Girls & Guys Said

0

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13

Opinion

  • DJB72
    DJB72 Follow
    Guru Age: 54
    +1 y

    As a man your income is now your wife's money. As is hers.

    1
    1 Reply
    • _Just_A_girl_
      _Just_A_girl_
      +1 y

      👍👍👍👍✔️✔️✔️✔️✔️✔️

      Reply
  • OddBeMe
    OddBeMe Follow
    Master Age: 42
    +1 y

    Don’t have to share all bank accounts. Makes it easier having a joint one to pay bills. But just as easy to transfer into it.

    1
    0 Reply
  • Guardian45
    Guardian45 Follow
    Guru Age: 51
    +1 y

    Three bank accounts: Yours, Theirs, Ours (Household)

    2
    0 Reply
  • shortster
    shortster Follow
    Master Age: 42
    +1 y

    How much debt they have versus how much money they make and what kind of debt it is.

    1
    0 Reply
  • Anonymous
    Anonymous
    (25-29)
    +1 y

    11000$ monthly fix income must happily marriage life.

    1
    0 Reply
  • Anonymous
    Anonymous
    (25-29)
    +1 y

    No matter how much your husband loves you he will still cheat on you.

    1
    0 Reply
  • Anonymous
    Anonymous
    (30-35)
    +1 y

    be sure you are not being loved for your money or else you'll be married to a literal prostitute in form of a written contract.

    0
    0 Reply
  • humanearth
    humanearth Follow
    Master Age: 58
    +1 y

    How to balance a checkinf accountabilit

    1
    0 Reply
  • jayhams
    jayhams Follow
    Xper 5 Age: 34
    +1 y

    Get a prenuptial agreement

    2
    0 Reply
  • Carolus
    Carolus Follow
    Xper 7 Age: 45 , mho 58%
    +1 y

    There is a child support calculator.

    0
    0 Reply
  • Fuentes
    Fuentes Follow
    Master Age: 34
    +1 y

    Debt to income ratio, and credit score

    1
    0 Reply
  • Anonymous
    Anonymous
    (25-29)
    +1 y

    Hide your money and be debt dree

    1
    0 Reply
  • Andres77
    Andres77 Follow
    Master Age: 49
    +1 y

    There credit score and the story behind it:

    1
    0 Reply
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