If you fail to plan, you plan to fail. Finances—or more accurately, squabbles about indebtedness and spending—stimulate break up more than almost anything else.
$$$ Plan ahead. Marriage vows express devotion to each other. Unplanned, unnecessary, and surprise spending and indebtedness can easily kill such devotion.
$$$ Plan ahead. The continual practice of spending less than your income reinforces devotion to each other. Teamwork bonds.
$$$ Plan ahead. Long before the wedding date, commitment to marital spending, decision-making, and success ranks as highly as commitment to each other.
$$$ Plan ahead. Budgeting generates good self-discipline to overcome and minimize the effects of bad habits. New habits can put mind over money instead of plastic over mind.
$$$ Plan ahead. If you can’t budget, you can’t plan effectively. There is no special way to do it except YOUR WAY—whatever works to keep spending below income, to make savings a lifetime process.
$$$ Plan ahead. Commit to stop, slow, or compensate for impulse buying, compulsive shopping, and immediate gratification.
$$$ Plan ahead. Reward yourself cheaply for avoiding big or unplanned big spending.
$$$ Plan ahead. Rewards create and reinforce new habits. Reward yourselves frequently for:
· Staying within budget
· Not having to pay credit card interest
· Meeting your saving goals
· Devoting to each other by not overspending in your domain of responsibility.
[More about newlyweds appears at posts 297, 261, 257, 254, 247, 242, 230 and 224. Scroll down or search by number with dot and space following it.]