Getting Married
Getting married is a big step in life. It is also a big financial step. Money and finances can cause a great deal of anguish and conflict in a relationship, whether you are just starting out or you are long married. Having a good understanding of your future spouse's financial situation before you are married and discussing your finances frequently once you are can help you avoid problems.
When you are getting married, there are a number of financial conversations to have and decisions to make as a couple.
- Are you going to have individual checking accounts or a joint one?
- How much of each of your incomes is going to be used for normal household expenses?
- Who is going to be responsible for actually writing the checks or making the online payments for monthly bills?
- What are your long and short term financial goals?
- What is your attitude toward using credit cards?
- What is your risk tolerance for investments?
- How frequently are you going to purchase big ticket items like a new car?
- What is your comfort level with spending and debt?
MCU has resources and products and services that can help you take the steps to create a solid financial foundation for your life together. Use the links in the Spotlight box on this page, stop by one of our branches or call 212-693-4900 to learn more about what we have to offer.