Home > Planning > Beginner
Planning Beginner: Young Couples and Money

Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
For newlyweds, joint accounts are always better to have than separate accounts.
Choose wisely. There is only one correct answer.
False. Joint accounts create problems for some couples. Separate accounts or a hybrid of separate and joint accounts can work better for many.
2.
Which is an important financial issue for a couple to discuss prior to marriage?
Choose wisely. There is only one correct answer.
How you will manage the payment of expenses. This is an issue that will pop up every day.
3.
To prevent wasting money, a married couple should _______.
Choose wisely. There is only one correct answer.
All of the above. All of these, and many more, can stop or slow the needless loss of money.
4.
Most couples find that dealing with differences in their partners income is not a significant issue to be addressed.
Choose wisely. There is only one correct answer.
False. Income discrepancy is a frequent source of tension and debate.
5.
Which of the following is a mistake that couples make with their money?
Choose wisely. There is only one correct answer.
Having plans that they dont share with each other. Keeping secrets can undermine the trust in a relationship.