Tuesday, November 16, 2010

Marriage and Money

Good financial advice is hard to come by, since advisors often have their own vested interests. Additionally, even good financial advice can be daunting because it's so overwhelming. Where to begin? What (specificially) to do?

When you're just starting your life together, finances play a big part. Sometimes my couples pay me with two checks - each paying half of the deposit and half of the balance. That's an approach that will be hard to maintain. One has savings and the other doesn't. One owns a home, and the other doesn't - and so on.

This article doesn't try to address all such problems, but it does address the most basic problem very nicely - the lack of money that most people put aside for emergencies and retirement. (Young couples may not want to think about the latter, but as the article shows, starting early and automating the process will lead to great results. You won't have to think about it, but when the day comes, you'll be set - unlike the vast majority of couples who come to retirement age with almost nothing.)

Anyway, I thought this article was full of very practical wisdom, so I wanted to make it availabe to all my couples - and to anyone who stumbles across this entry. I hope you like it as much as I did.

Here's the link.

Pastor Bill

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Pastor Bill serves families in the Greater New York area including Long Island (Nassau County and Suffolk County), Queens, Brooklyn, New York City (Manhattan), and Westchester County. If you’re thinking of using a Judge for your wedding, or a Justice of the Peace – or if you’re thinking of going to city hall for your wedding – or perhaps you’re working on a last minute wedding plan – in any case, Pastor Bill would love to speak with you. Pastor Bill is also available for families that have suffered the loss of a loved one and are planning a funeral.

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