Does BBB have advice for taking control of personal finances and money management for newlyweds?
Marriage is an exciting time for a couple. However, once the honeymoon is over, it’s time to sit down and get serious about your finances. After walking down the aisle, Better Business Bureau advises newlyweds to take control of their money or risk a rocky financial future. According to research by Utah State University, married couples who frequently fight over money are more likely to split up. Even when compared to frequent fights over other issues — such as chores, sex and in-laws — fighting about money was a better predictor of a future divorce. When considering your financial future, it’s important for newlyweds to realize that they are in it together and managing their finances can be a rewarding experience-and not just a source of frustration and fights. Have this conversation early, rather than later, so that you can develop healthy personal finance habits together. To start your new life together on the right financial foot, BBB offers the following advice: 1) Let Financial
