I’ve got a lot of friends that are going to be getting married soon (either this summer or next). It seems to be that time in life when everyone is getting married. But an interesting discussion came up with a friend the other day about how much financial information you should really know before the wedding?
For many couples, they’ve been living together for a long time and share a lot. But then I have other friends who’ve also lived together, and seem to know nothing about each other’s finances. I sometimes wonder how the shared bills get paid every month!
Finally, I have one friend who is choosing not to live with his fiancée before the wedding. They definitely don’t share finances now, so it should be interesting to hear their stories as they start to integrate their money!
So How Much Should You Share Before The Wedding?
So how much information should you share before the wedding?
- How Much You Make?
- Checking/Savings Accounts?
- Full Details on Side Businesses?
What about these touchy subjects?
- Estate Plans (Will/Trust/etc.)?
- Potential Inheritances (i.e. family wealth)?
Readers, what are your thoughts on how much to share? Did you share it all, or did it come slowly over time? How did the discussion go so that everyone felt informed?