Steps for combining finances

Steps for combining finances

• 1.
  Steps for Combining FinancesAfter Marriage
• 2.
  There’s no oneright way to combine finances — or not — when you get married.
• 3.
  Here are threesteps that can help you through the process.
• 4.
  Talk It Out
• 5.
  Before you getmarried, be fully open about any debt you have, and schedule regular meetings to maintain communication.
• 6.
  Continue the money conversationthroughout your marriage.
• 7.
  Consider a JointAccount
• 8.
  Contributing to ajoint bank account can simplify paying for shared responsibilities like a mortgage.
• 9.
  Each of youcan contribute equally or based on your income.
• 10.
  Savings Debt Emergency SetGoals Together
• 11.
  Form financial goalsas a team. For instance, you might prioritize: • Savings • Paying down debt • Creating an emergency fund Savings Debt Emergency
• 12.
  Every couple’s pathto successful money management is unique. Tailor these tips to your situation to start on the right track.
• 13.
  © 2015 RegionsBank This information is general in nature and is provided for educational purposes only. Regions makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented. Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal, or tax advice. Regions encourages you to consult a professional for advice applicable to your specific situation. The LifeGreen color is a trademark of Regions Bank. Insights by Regions. Tools, tips, and calculators to help you confidently manage your money and move your life forward. regions.com/insights