Deal With Money Matters Before Marriage - Other News


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » Deal With Money Matters Before Marriage

Deal With Money Matters Before Marriage

Deal With Money Matters Before Marriage
The content is accurate at the time of publication and is subject to change.

Many suitors may have popped the question over the weekend and couples may be preparing guest lists for the upcoming nuptials—but they may not be having the conversation that could ensure a peaceful partnership for years to come.

“While some may find financial discussions unnecessary, understanding each other intimately in terms of what you both bring to the table – be it wealth or debt – will strengthen your relationship and help to avoid potentially serious friction to your marriage down the road,” according to John Heath, directing attorney at Lexington Law.

A Harris Poll found that 91% of couples would rather start their married life debt-free than have a “dream wedding.” That same poll found that twice as many men as women said they went into debt—or would go into debt—to pay for their wedding.

What to discuss before saying “I do”

The lawyers at Lexington Law offer five questions that newly engaged couples should ask each other before their big day:

  1. How do you view money? Talk about how you budget, how you handle bills and expenses, and how much you’d be willing to spend on certain items, such as a car, home, or item of clothing.
  2. How should we budget for a family? If you want to have children, talk about how many you might like to have, how you will cover their expenses, and how you will budget to afford the basics like clothes, food, activities, medical expenses, and school.
  3. How should we communicate about money? Will one person handle the finances, or will you share the responsibility? Have a plan in place before you get married.
  4. What should we do when we disagree about spending?It’s a given that you won’t agree on everything. But when you disagree about spending, saving, and managing your money, what will you do? Open up the lines of communication from the start, so you don’t avoid the topic.
  5. Do you have debts I should be aware of? No marriage should have secrets, especially about money. Lay your cards on the table and be honest about your debts before the big day.

Marriage is a partnership, and asking these questions of each other is one way to strengthen your future together. The folks at Lexington Law offer more tips on marriage, money, and credit at

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

Commerce Bank Launches Toggle
Commerce Bank Launches Toggle

Posted: January 20, 2015

People can link two checking accounts from any bank to their Commerce Bank credit card to get their customized payment plan started. Options are provided on how to pay for everything from groceries and gas to a new computer or even a… Continue reading

MasterCard Helping Millennials Help Themselves
MasterCard Helping Millennials Help Themselves

Posted: April 15, 2015

With Millennial spending power slated to outdo baby boomers, MasterCard wants to help them get the financial know-how they need to meet their goals. Continue reading

First Bankcard's Mobile App Gets an Upgrade
First Bankcard's Mobile App Gets an Upgrade

Posted: May 15, 2015

Mobile tech is constantly evolving, and to keep their mobile app in sync with users’ need to get information faster and easier, First Bankcard has added Passcode and Quick Balance into their app’s suite of features. Continue reading

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, and more up to the quarterly maximum, each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
Earn unlimited 1.5% cash back on every purchase, every day
For Average, Fair, Limited Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!