An important milestone in all of our lives is finding a spouse. This is also a critical point in your financial life. All couples encounter the moment when your finances cease to be yours alone, and begin to be “ours”. When couples merge their finances, there are several steps they should take to make the transition go as smoothly as possible.
It starts with open and honest communication. The moment one half of a couple begins to hide behind lies or deceit, the entire process breaks down. Just like anything else in a healthy relationship, financial success begins with trust.
For more tips on the integration of your finances, read this article.