FINANCIAL ADVISING FOR
Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB | 1895 Walt Whitman Road
Melville, NY 11747 | 631.420.4242.
Take Care of This Financial Checklist Before You Say “I Do”
It’s important to set up some goals for the two of you. Do you want to buy a house?
Where and when? Have kids? How many and when? Go back to school? Take a big
trip to celebrate your first anniversary? Start a business together?
A good financial advisor will be able to comfortably lead you through these talking
points and will take your goals and dreams into account and put together a
comprehensive strategy to get you there.
There’s no reason that a tough conversation like this one has to be a drag. Make it into
a game – open a bottle of wine, write down questions for each other and draw them
out of a bowl, maybe take a sip every time you and your spouse agree on a plan.
NO MORE SECRETS
Arguing over money is one of the most common fights a couple can have, so it's
important to be honest about finances. You’re now part of a team, and the decisions
you make while spending are going to directly impact your partner.
If you both really feel like you are on the same page when it comes to your budget
and your spending allowances, then setting guidelines on purchase limits is a great
alternative and a bit less invasive than asking permission before every purchase.
COMBINING YOUR ASSETS
This can be a stressful process, so having a professional give you advice on how to
divide or combine your accounts and your debts will take a lot of stress off of your
There are a few routes that couples take when reviewing their finances: combining
accounts, keeping them separate, or a combination of both. No matter what you
decide, both parties should know exactly what is going on to avoid any confusion.
IN CASE OF EMERGENCY
Preparing for an emergency should be a big part of your financial planning. Life
happens. If it happens to you when you’re least expecting it, having a cushion of
finances available will make the sting of it all hurt a little bit less.
Being fully prepared for an emergency, however, is more than just having extra money
in the bank. Exploring your insurance options to ensure you and your family are
protected should an emergency occur is also something your financial planner can
help you with.
GROWING OLD TOGETHER
One day you’ll both want to retire. When that day comes, you don’t want to look back on
the years you dedicated to working and regret not saving a little bit extra to enjoy your
The sooner you start investing in your future together, tThe sooner you start investing in
your future together, the more you could benefit from things such as compounding
interest. It may be difficult now when you’re young and busy, but your future self (and
your spouse) will be very grateful that you took care of things now.
FOR MORE FINANCIAL TIPS, PLEASE VISIT
Securities offered through North Ridge Securities Corp. | Members, FINRA/SIPC/MSRB |1895 Walt Whitman Road Melville, NY 11747 |
631.420.4242 | BrokerCheck.com | FINRA.org