what remains. Ten you can establish mutual financial goals for the marriage whether it is to plan for purchasing a house, paying off debt or even planning for a family. Do not get caught up in the “toys tug-of-war”. “Toys tug-of- war” means whenever the groom-to-be purchases a “high priced” ticket item the bride-to-be turns around and does the same thing. Tis leads to nothing but trouble and more financial issues.


(5) Credit – One person’s credit could be better than the oth- er. When one person’s credit is better than the other, some important decisions should be made upon marrying such as do you get a joint account or keep the accounts sepa- rate? Does the one with the best credit, manage the house- hold finances and contribute towards paying the spouse’s bills? Should the person with less than stellar credit turn


over complete control of their finances so that the money manager can get it all taken care of?


As you can see, all of these areas should be addressed and not hidden by any means. When financial issues are present in the marriage it creates stress, can cause health issues, deterioration in work performance and divide families. I’m well aware you are used to being independent without having to consider any- one else. However, once you marry the financial decisions that you make affect everyone within your marriage. Take the time to discuss these issues with your future spouse today in an ef- fort to start your marriage out with an agreed upon financial foundation for your marriage.


By Dr. Taffy Wagner, CEPF Fall/Winter 2010 BB&G 9


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