It's no secret that a necessary, but often a little uncomfortable, step towards marriage involves discussing money. Each partner's spending habits should be mapped out, as well as where both people currently stand in their checking, savings, income, and investments. Often, couples aren't are on the same page, so the process of developing a budget and financial plan moving forward is filled with lots of compromise and plenty of listening.
In Northwestern Mutual's webinar, you can learn more about how to make a financial plan and what tools will help you accomplish those goals. Important to note was how these experts talked about planning far beyond the wedding and newlywed years. Now is the time to not only flesh out your short-term finances but also the goals for your long-term future. If it is important to you to take care of your parents in their later years, that is something that needs to be accounted for in your savings now. If you want your children to attend your private alma mater, that isn't something that can be delayed until they reach high school.
The key to meeting your personal and financial goals is to craft a thoughtful plan and adhere to it--these things don't happen by accident! Check out this free webinar to learn more about the best way to set your plan together.