Money can be quite a sensitive topic because we all have varying experiences concerning it. You might have even heard from your married friends how paying bills makes marriage less romantic! But it’s important to tackle how you plan on managing your finances together so you can avoid arguments and complications in the long run. You’ll be transitioning from handling your finances independently to sharing the income and expenses with your better half for a lifetime. So, the best time to talk about money is now. Will you be opening a joint account or would you rather maintain separate savings accounts? How do you plan on managing your household budget? What kind of relationship do each of you have with money?

Finance is a very personal matter and all your decisions will ultimately be up to you as a couple, but to help you in this transition we talked to Mariel Bitanga, Registered Financial Planner and Founder of boutique financial planning firm Simply Finance for some helpful advice and practical tips on managing money for soon-to-wed and newlywed couples.

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