Alright, all is set. You’ve made all necessary financial preparations-including a well crafted financial plan- and everything seems to be in place for the journey into a blissful marriage. But have you also considered the need for a financial backup plan?
After taking the time to make the usual financial preparations such as drawing out a financial plan and harmonizing preferences, needs and goals, engaged couples often neglect making room for uncertainties. As a result, they become dumbfounded when an unexpected financial need is thrown at them. Worse still, most couples already get into huge debt while still preparing for the wedding ceremony.
Here are 5 financial backup plans you need to consider while preparing for your marriage: Click “Continue Reading” to see