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Tulsa Bankruptcy Attorney | How Newlyweds Can Save Money?
The first thing we advise newlyweds to do is to start talking about money. Money is one of the most important things in your marriage. It is why many marriages do not last. We highly advise you to start talking about your money.
This is a list of things we advise newlyweds to do in order to save them from having to talk to a Tulsa Bankruptcy attorney.
1) Start talking about money very early on while you are still dating.
2) Start keeping a budget from day one. Actually start keeping a budget from before day one. If you can start keeping a budget while you are dating, then keeping a budget when you are married should be really easy.
3) Open a joint bank account. This should be common knowledge. Everything is going into one account then everyone knows where all of the money is going.
4) Start saving. If both people are working, we recommend each of you put at least $100 a month aside for savings. As your incomes increase and your family starts to grow we recommend putting more aside for those rainy day expenses that will come up.
We recommend that you stay as united on money as you possibly can. Money is one of the largest reasons for divorces in the state of Oklahoma. Padding your bank account with a large savings account with allow money to become less of an issue in your marriage.
Then when you do have large unexpected expenses that come up you will be more prepared than ever to handle them. That also means that one large unexpected expense or maybe one of you looses your job will not be that big of a blow.
You certainly do not want to account for a large savings account to be the reason you have a successful marriage. But in reality a large savings account can solve you much pain in the future.
Save as much as you can and your marriage will probably be better off for it.
This advice will probably keep you out of a Tulsa Bankruptcy Attorneys office in the future.