Here’s more to help guide newlyweds. These principles, beliefs, attitudes, and convictions can be tailored to fit or rejected by each couple to help fulfill their hopes and dreams. Advice is labeled as such.
♂$♀ Budgeting comes easily if a couple focuses on building a successful mixture of spousal interaction. Lots of imagination, small bits of will power, negotiable cooperation, and frequent confirmation of mutual trust can all be energized through the budgeting process.
♂$♀ Ignore what’s past. Assume decisions already made were sound at the time. Else, you would not have made them. Hindsight sees too many mistakes; those little buggers trigger spousal disputes. Why pay attention to what can haunt, irritate, and demotivate you or generate distrust for spouse or your budgeting process?
♂$♀ Pay yourself first: Save at least 10% off the top for long term savings for home purchase and retirement. Otherwise, late in life you will limp financially before physically. It’s best the other way around.
♂$♀ At the start of the year, allocate for church giving and short-term savings to cover Christmas and vacation spending. Then, commit to not overspending on the last two items.
♂$♀ This is ADVICE: Determine the level, develop a plan, and purposely live a lifestyle at considerably less than 100 percent of income. Doing it is critical; the percentage goal is less so.
Evil incarnate comes in next post.
[More about newlyweds appears at posts 257, 254, 247, 242, 230 and 224. Scroll down or search by number with dot and space following it.]