Tag Archives: pre-wedding

Money Matters


I found this wonderful new site called The ManRegistry which — you guessed it — caters to the groom’s side {perspective} of the wedding . . . what they should expect, bachelor party etiquette, best man speeches + other areas of the honeymoon I won’t mention here ;).  Initially I ventured to this site to read up on the “Money + Marriage” articles but ended up finding SO MUCH useful information that I’m going to split that little journey up into two posts:  1. Financial Issues + Marriage, and 2. Groom Responsibilities . . . good reads for both males and females in the wedding  zone.


School loans. They’re a pain. My guy and I both have them. We also have our own credit cards and other financial woes that we brought into this relationship.  I’ve been thinking about these issues a lot lately.  Are we supposed to open a joint account when we’re married? Am I supposed to pay for his Nike shoe obsession and is he supposed to front the money for my happy hour dates with the girls? What a mess . . .

According to the experts over at ManRegistry, “statistics say that finances are the number one topic that married couples argue about . . . money is always a very touchy subject, especially if you don’t have a lot of it.  This is generally the case for newlyweds who are just starting out.”

In an interview session with It’s A Jamie Thing, MR suggested sitting down with your honey and discussing some of these tough financial topics before you say “I do”, in order to avoid problems in the future.  Below, are a few major issues couples face and the MR guys’ recommendations for each one.

Should we combine our finances after getting married? 

Not every couple combines their finances after getting married, but our answer to this question is yes. First, determine who the money manager is going to be in the family or if you’re going to split that duty. From there, we recommend creating joint checking and savings accounts and keeping personal checking accounts for each of you. By doing it this way, you can split common bills and still have “mad money” to spend on your own things.

It takes every couple awhile to get used to the “my money is your money mindset” that comes along with marriage, but if you can stay organized – it won’t be a difficult transition.

How much should we be saving from our paychecks? 

 If you haven’t noticed, our economy hasn’t been the most stable over the past year. The recovery has been nice, but we all have learned just how important saving for rough times can be. Depending on incomes, 30% is a great amount of net income to put away in savings/investments each month. Obviously, every couple isn’t going to be able to put aside that amount, but you’re doing yourself a huge favor even if you can only do 10% each month.

We both are bringing debt into the marriage, how should it be tackled? 

 Don’t freak out if you’re bringing debt into marriage. More couples do than don’t and there are ways you can tackle the debt together. The first and most important step is to be upfront and honest with each other about how much debt you each have. We recommend creating a chart of spending habits (it’s lame, but it works). This chart will help you both identify places you can cut back each month. If it’s an option, we highly recommend speaking to a financial planning professional. A financial planner can look at your debt and interest rates and help you plan where to begin paying down.

What should we do with all that cash we get as wedding gifts? 

Who doesn’t love cash? You’ll definitely be seeing green after the wedding as cash remains the most common wedding gift that couples receive. There’s nothing wrong with splurging a little with the new found greenbacks, but this might also be a great time to create that joint savings account we talked about earlier. The wedding cash would be a great first deposit. Depending on how much you get, you could always pocket a few hundred for honeymoon drinks and save the rest!

Okay great information but now the question is how do you get your man to talk about these issues {it’s not always easy, is it ladies?}.  Well not to worry, these guys have a pretty simple answer to that too!


Yes, {Financial} Football . . . the way to every man’s heart (well, mine anyways:) ). MR suggests for grooms to think of their “marital finances in football terms”. Check out their post to see how they suggest you “play the game”!

What a refreshing take on this whole financial dilemma that no married couple can escape.  I really feel better reading their articles and more prepared having expert advice to take into the conversation. So ladies, send your grooms on over to The ManRegistry . . . it’s okay if you want to take a peek too, you know I did  {pretty sure I’ll be a return visitor too} :).



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Filed under finances, Groom Resources, pre-wedding, {budget resources}