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Planning Beginner: Young Couples and Money

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1.
To prevent wasting money, a married couple should _______.
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All of the above. All of these, and many more, can stop or slow the needless loss of money.
2.
Which is an important financial issue for a couple to discuss prior to marriage?
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How you will manage the payment of expenses. This is an issue that will pop up every day.
3.
For newlyweds, joint accounts are always better to have than separate accounts.
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False. Joint accounts create problems for some couples. Separate accounts or a hybrid of separate and joint accounts can work better for many.
4.
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.
5.
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.