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Planning Beginner: Young Couples and Money

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1.
Couples always learn from their money mistakes.
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False. Some couples keep on repeating the same mistakes over and over, even unto death.
2.
When is the best time for a couple to begin talking about finances?
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Before the engagement. Learn your partners approach to money early on in order to head off possible problems.
3.
How often should newlyweds discuss their finances?
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Regularly. Regularly discussing finances can keep you on track as well as predict oncoming problems.
4.
Which of the following is a mistake that couples make with their money?
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Having plans that they dont share with each other. Keeping secrets can undermine the trust in a relationship.
5.
Which of the following can a budget do for a couple?
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All of the above. Budgets are multifaceted and should not be dismissed lightly.