Indecision and procrastination can wreck you financially. As newlyweds, develop a financial plan and strict budget. If you know that you need to spend less, start tracking your spending. If you know you need to spend wisely, don’t be concerned with how big your neighbor’s house is or what type of car they drive.
If you know that debt is bad, make a rule to never carry a balance on your credit cards. If you don’t put money away NOW for retirement, don’t expect to have any money for your retirement. You and your spouse are partners, so be each other’s support system by working together and holding each other accountable to stay on track with your financial goals.
Contributor: Samantha Breccia from blissintegrated.com