All Topics > Financial Services > Newlywed Finances: A Checklist >

Newlywed Finances: A Checklist Florida

Before getting married, or soon after, discuss marriage finances and make a budget.

Local Companies

Fast Cash Checking
386-575-2300
1235K Providence Blvd.
Deltona, FL

Bank Atlantic
(727) 530-4782
2650 Roosevelt Blvd.
Clearwater, FL

BB&T
(727) 532-9610
5801 Ulmerton Rd
Clearwater, FL

Encore Bank
2973WestBayDr
2973 West Bay Dr
Clearwater, FL

Northern Trust
(727) 587-1100
525 Indian Rocks Road
Clearwater, FL

Old Harbor Bank
(727) 835-2265
715 Indian Rocks Rd. N
Clearwater, FL

Regions Bank
(727) 524-7898
13501 Icot Blvd Suite 106
Clearwater, FL

SunTrust Bank of Tampa Bay
(727) 588-7500
380 N Indian Rocks Rd
Clearwater, FL

Wachovia Bank
(813) 538-4545
2515 W. Bay
Clearwater, FL

New England Financial
(727) 581-3100
710 First Ave. SW
Clearwater, FL

Provided By:

In just about any long-term relationship, finances will come into play, and in a marriage, it's essential to manage finances well together. Whether you're about to get married or have already tied the knot, it's a good idea to sit down with your partner and discuss money.

Financial Talking Points

When you sit down to talk with your fiancé or spouse, begin by sharing the current state of your finances. It's important to be frank and nonjudgmental. Fudging the numbers or concealing certain items from your partner could result in serious problems later. What's important is making sure your plan for going forward is one to which you are both committed. Here are some basics to go over:

what's important to each of you when it comes to finances
how you will manage your assets (what to combine, what to keep separate)
will you use the same bank account? credit cards?
how you will deal with differences in income
how you will manage the payment of expenses, and
what to do if your fiancé or spouse has incurred a lot of debt.

Planning for the Future

In your discussion of finances, it's worth discussing future costs, even if you can't know exactly what these will be. Do you plan on buying a house together? Having children? Taking a trip around the world? Moving? All of these things require significant financial investment. Be sure to discuss the following:

financial goals you are working toward
new furniture or other items you will purchase and own together
how to save up to buy a house
how to plan for having children
how to fund retirement plans, and
any other plans do you want to put in place for the future.

Making a Budget

Sit down with your partner and make a budget.

Income

Salary or wages
Bsiness income
Property income
Investment income

Assets

Bank accounts (with balances)
Investments (stocks, bonds, retirement accounts)
Property

Debts

School loans
Mortgages
Home equity loans
Business loans
Credit card debts
Loans from parents or family

Expenses

Rent/mortgage
Utilities
Food
Clothing
Car/transportation
Support for children from a previous marriage
Insurance
Entertainment
Travel
Education
Loan and credit card payments
Taxes
Retirement contributions
Other purchases (household goods, toys, electronics, and so on)

Making Your Financial Relationship Work

Once you've made these lists, consider the following:

Do you and your partner have enough income to meet your expenses?
Which assets will you keep separate, and which will you share?
Which expenses will you keep separate, and which will you share?
What should you do if one partner isn't meeting his or her expenses?

Whatever your financial situation, it's always better to be open and honest than to be unpleasantly surprised in a moment of stress or crisis.

Featured Local Company

Fast Cash Checking

386-575-2300
1235K Providence Blvd.
Deltona, FL

Read more about Newlywed Finances: A Checklist

- Choosing an Accountant Florida

Is tax time coming up and you don't even know how to start? If so, read the following article about choosing an accountant.

- Family Finances Florida
- Retirement Calculators Florida
- How to Build a Financially Balanced Life Florida
- Family Finances Florida
- Personal Money Management Florida
- Marriage and Joint Finances Florida
- Managing Personal Finances Florida
- Management of Personal Finances Florida
- Time To Reduce Business Debt Florida

Regional Articles

- Management of Personal Finances Florida

A right decision at the right time can perhaps avert a tragedy of immense measure. So why hesitate to take a right step at the right direction. Drive away your financial blues by using a reliable personal finance manager.

- Retirement Calculators Florida
- How to Build a Financially Balanced Life Florida
- Family Finances Florida
- Managing Personal Finances Florida
- Personal Money Management Florida
- Marriage and Joint Finances Florida
- Family Finances Florida
- Choosing an Accountant Florida
- Time To Reduce Business Debt Florida

Related Local Events

Government Affairs
Dates: 12/9/2009 - 12/9/2009
Location: St. Lucie County Chamber of Commerce
Port St. Lucie, FL
View Details

Florida Department of Revenue Tax Workshop
Dates: 12/16/2009 - 12/16/2009
Location: Chamber of Commerce of the Palm Beaches
West Palm Beach, FL
View Details

Florida Department of Revenue Tax Workshop
Dates: 2/17/2010 - 2/17/2010
Location: Chamber of Commerce of the Palm Beaches
West Palm Beach, FL
View Details

Florida Department of Revenue Tax Workshop
Dates: 4/21/2010 - 4/21/2010
Location: Chamber of Commerce of the Palm Beaches
West Palm Beach, FL
View Details

Business Development Committee Meeting TIME CHANGED
Dates: 4/27/2010 - 4/27/2010
Location: St. Lucie County Chamber of Commerce
Port St. Lucie, FL
View Details

Advertising	Food & Beverage	Nightlife
Business Services	Franchise	Online Database
Career	Health	Pets
Cars	Holidays	Real Estate Resources
Computer Hardware	Home Appliances	Retail & Consumer Services
Construction	Home Electronics	Software
Education	Home Services	Technology
Entertainment	Industrial Goods & Services	Telecommunications
Environmental	Insurance	Trade Shows
Family	Internet	Travel
Fashion	Legal	Weddings
Financial Services	Miscellaneous	World History

Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History