If you’re getting married this summer, taxes and financial planning may not be high on your summer wedding plan checklist. The names and Social Security numbers on your tax … BYU’s On-Campus Housing and Off-Campus Housing offices can help you and your new spouse find a great place to live. Marriage and Money: 10 tips for financial bliss. The joint bank account. Facebook Twitter Google+ LinkedIn StumbleUpon Tumblr Pinterest Reddit VKontakte Share via Email Print. After your wedding is over, you'll likely want a little R&R—whether that means going on your honeymoon right away or just taking a few days to chill is up to you. Getting married means that you tied an emotional as well as a financial knot with your partner. If you are a newlywed and haven’t done these things, this is a great place to start. 2. Financial planning for newly married couples is a tricky topic but it is necessary to talk about it with your partner on a regular basis. Â Review or adjust your monthly budget. Many couples already live together before they get married, so they probably share finances to some extent. Here’s a quick checklist of things to do after getting married to help you get it all done. But you should be aware of the tax and money management issues that come with getting married. They are already used to setting financial goals together, making budgets, and deciding who pays for what. To put yourself in the best position to create that wonderful future together, it’s vital to begin creating your financial plan as soon as possible. Newly Married Financial Checklist June 18, 2013 By BALANCEblog in Budgeting , Consumer Protection , Financial , Savings Leave a comment One of the most exciting things about being a newlywed is thinking of the life you will be able to build and enjoy with your spouse. BY BRIAN D. BROGAN. After you tie the knot, big … People are getting married later in life, thus they come to the marriage with more complicated financial baggage. One area of change that takes some time to get used to is in your personal finances. Services. First things first, congratulations to anyone who has recently married or is getting married. You just got married! Planning for the Future: The Marriage Financial Checklist. Although not the most romantic thing to discuss, a financial checklist for newlyweds is something that should be on the top of your to-do list! One of the biggest sources of tension for newly engaged couples is their upcoming wedding. Look into purchasing a disability insurance policy. Monthly Financial Check In Meeting. BigStockPhoto Financially planning for your future isn't some trick. Share. This needs to make your end of year financial checklist for obvious reasons. If you haven’t already done so, cancel and close all joint accounts … Discuss your personal and financial goals • Goals can be personal or financial, as well as short- and long-term - from higher studies, a hobby, volunteering for a charitable cause, a sabbatical or job change etc, to starting a family, annual vacations, buying a new car, buying a house, planning for retirement, and so on. To update information, taxpayers should file Form SS-5, … Having an end-of-year financial plan will allow you to go into the new year with confidence in your financials and your business. In the first part of our checklist, I offered five steps to get you newlyweds going in the right direction. Learn your partner’s financial past and present. Starting Difficult Money Conversations. Credit Cards 101 Best Credit Cards of 2020 Rewards Cards 101 Best Rewards Credit Cards Credit Card Reviews Banking. If you and your partner have found yourself in dire straits more times than you would care to count, we want to provide you with some marriage financial planning tips in the form of a financial marriage checklist. Now, I'm going to complete the full 10 steps. With finances, … Saved Save . Whether you're about to get married or have already tied the knot, it's a good idea to sit down with your partner and discuss money. Apply for or adjust life insurance policy. Here’s a checklist of items for newly married couples to review: Name and address changes. The opportunity to go through life with a loving partner may be the greatest benefit of a successful marriage or domestic partnership. Suze Orman: Your Financial Checklist for the New Year Suze Orman 11 hrs ago Protesters clash with police, smash glass doors, disrupt lawmakers on 'unnerving' day at Oregon State Capitol in Salem Newlywed checklist© 10/13/2011 Newlywed Checklist Because Money Doesn’t Come with Instructions…SM The next best thing to saying “I Do” could be the careful and thorough planning to appropriately setup your financial future together. Save my name, email, and website in this browser for the next time I comment. Auto: Often there is no reason to carry two different policies once you are married when you can save by bundling. But even if you haven’t, don’t worry. You may think that it isn’t really, and won’t really be an issue with you and your spouse-to-be. Here’s my checklist of financial tasks to tackle right now. 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