There are, among the many things newly weds would learn with time, financial challenges that need to be overcome if the marriage is going to be a financial success. All too often financial strategy is not something considered along with planning the events that lead up to the altar and takes a back seat until the festivities are over. However, preparing a financial strategy for after the honeymoon is as important, some would say even more important, than planning for the reception.
Traditionally, thinking about a financial strategy for newly weds takes place within the traditional box, and very little thinking occurs outside of that box. Traditional financial planning has to do with selling yourself for the best available price in your field in the job market. There is, of course, nothing wrong with that, until that way of thinking runs into traditional forces that govern the market place. Traditional places of employment can disappear under the impact of market forces, so that it becomes necessary to have in one’s mind some untraditional means of income that have nothing to do with breaking the law and/or harming others. Continue reading ‘Newly Weds and Financial Matters’ »