7 Best Money Moves For Couples

Just engaged  (or married?) Congrats! Follow these money moves for couples to grow richer together as you grow old together. 

As a newly-engaged couple or newlyweds, you’re probably getting lots of advice from everyone around you. Some of this advice may be solicited, while much is not.

1. Openly share your entire financial situation

It’s important to be open and honest with your partner in all aspects of your relationship, but especially when it comes to money.

2. Be Prepared in Case of Emergencies

Most experts suggest having enough money put aside to cover a minimum of three to six months’ worth of expenses for your whole family.

As Dave Ramsey suggests, pay yourself first by contributing to your savings before doling out your discretionary spending allowance.

3. Pay Yourselves First

Instead of looking at each of your salaries as your own, you can take the approach of looking at all of it as “our money.”

4. Live on one income

5. Keep working while you’re child-free 

If you’re not itching to start a family now, give yourself time to enjoy the perks of the DINK life. DINK is an acronym for a dual income no kids household.

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