Getting Married

Having Kids
May 24, 2018
May 24, 2018

Deciding to get married is an exciting time, but it can cause significant financial stress and force changes to a couple’s financial situation.

Some questions you may wish to consider include:

As you prepare to get married, you may need to review your finances and make financial decisions as a couple. Things to consider are:

  • How do we budget to pay for our dream wedding?

  • What are the joint financial decisions we should be thinking about now we are getting married?

  • What considerations do we need to make when joining our financial situations?

  • Do we need a Will when we are married?

  • Do I need to protect my partner in the event something unforeseen happens to me?

  • What types of insurance are there?

  • This is my second marriage. What do I need to consider?

  • Do we need a will once we are married?

How can a financial planner help?

Consulting with a financial planner can help your answer and prepare for the following:

  • Review and help you set goals and timeframes.

  • Review and analyse your joint income and spending patterns.

  • Review financial commitments and debts.

  • Review your individual and joint investments.

  • Identify opportunities to save money.

  • Recommend savings or investment products to achieve your goals.

  • Review, recommend and arrange appropriate insurance.

  • Identify if you need to talk to a solicitor about a new Will.

Back to tips & insights

Leave a Reply