The financial decisions you’ll be making once you’re married can often be overlooked. Find out more.
First, it is important to be transparent about your respective incomes to decide how you will distribute spending responsibilities. You and your partner may be at different stages in your careers, which could influence how you think about equitably distributing spending and saving.
In many circumstances, it may be more practical to structure your joint finances according to income rather than taking a 50-50 approach. Similarly, individual spending habits might dictate how you share your finances.Article content Domestic and caregiving duties still disproportionately fall to women, which can impact a woman’s professional goals or earning potential, ultimately impacting the couple’s joint financial goals.Article content
Regularly checking in on your progress provides both partners the ability to have full transparency on whether they are on track to meet their goals and provides a platform to openly discuss and revisit the family’s priorities.
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