Weddingbee Blog

edit: Here’s a direct link to the article.

There was a great article in the Wall Street Journal yesterday titled Love & Money. You’ll have to create a free account to be able to access it if you don’t already have one, but it’s a great read.

The article raises these 9 questions you should discuss with your significant other before walking down the aisle.

1. What are your financial assets and liabilities?
2. How do you use debt?
3. What is your money history?
4. Do we need a prenup?
5. What are your financial aspirations?
6. What are your career expectations?
7. How do you propose we divide financial duties?
8. Will we operate from one checkbook or three?
9. Do you have a basic understanding of money?

I have a friend of a friend of a friend. He was struggling financially as was his girlfriend, but they loved each other so they married. What she didn’t tell him until after they were married was that she had amassed over $30,000 in debt due to her penchant for luxury goods.

I suppose she didn’t tell her husband about her debt because money is difficult to talk about in any circumstance. Money is after all, the number one source of marital fights. Still I can’t imagine holding back that kind of information under any circumstance - it’s just not fair to your spouse.

How financially honest are you with your future husband?