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June 1, 2010

BBB offers money management advice for newlyweds

Marriage is an exciting time for a couple, however, once the honeymoon is over, it’s time to sit down and get serious about your finances. After walking down the aisle, Better Business Bureau advises newlyweds to take control of their money or risk a rocky financial future.

According to research by Utah State University, married couples that frequently fight over money are more likely to split up. Even when compared to frequent fights over other issues—such as chores, sex and in-laws—fighting about money was a better predictor of a future divorce.

“When considering your financial future, it’s important for newlyweds to realize that they are in it together and nurturing their nest egg can be a rewarding experience—and not just a source of frustration and fights,” said Alison Southwick, BBB spokesperson. “Have the conversation earlier, rather than later, so that you can develop healthy personal finance habits together.”

via BBB offers money management advice for newlyweds – BBB News Center.

posted to Divorce,Mediation @ 11:23 am

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What makes a healthy, happy marriage? | home | Divorce attorneys catching cheaters on Facebook