Just Married?: So Take Care of Your Finances and Avoid Marriage Problems

Over the past 5 years, the National Identity and Civil Status Registry (Renets) reported that 4000 couples got married The 14th of February. life in marriage This brings a lot of problems in coexistence, which means that you need to worry not only about feelings, but also about the economy.

“Life in marriage involves thinking about common goals for the future, but also making decisions about managing spending as a couple. All this requires mutual understanding and good keeping habits”, explains Guillermo Dioses, head of the Caja Piura collection.

There is more than one cost management model in a couple, but according to God, whichever one is chosen, it must take into account some considerations in order to keep the party and finances in harmony:

Distribution of expenses with disparate income:

Although it would be optimal for both of them to have the same income to split the bills, in many cases this is not the case and the salaries are not comparable, so the distribution will not be fair and will especially affect the one who earns less.

“It is important to be transparent with our partner in order to decide what percentage each will contribute to the household economy or, to put it simply, to divide payments by item. While one is in charge of paying rent, the other can take care of, for example, bills for food and services,” suggests a representative of Caja Piura.

Timely payment of loans:

Other financial and necessary information, which must be transparent, debts and the obligations they assume either individually or between them. Dialogue is the key to reaching agreement on this type of spending.

“If you disagree with your spouse’s money decisions, don’t scold him. It is preferable to orientate him to the benefits of timely repayment of debts, draw up a payment plan and help him find alternatives that motivate him to be responsible and allow him to use the possibilities of the financial system,” he specified. .

Decide what to do with the excess:

A person lives not only with love, he also needs to have fun, for this reason it is important to administer the surplus both for savings and for investing them in a couple, be it a trip, a gift or something else.

“In these cases, you can set goals with different time frames, such as traveling once a year and buying your own home. Even without a set goal, it is ideal to raise funds in a long-term account in case of unforeseen situations, ”adds the specialist.

Money management:

Whether a couple chooses to pool their income into a single account or separately depends on the benefits offered by both options. “Collecting resources in one place makes it easier to pay expenses and promotes transparency in wealth management. It is important to assess the profile of our partner and measure their willingness to control costs,” he added.