Day 70-Better to be (money) smart than sorry

The problem about this love is that ..you never can say when you will fall out...as much as you can't say when you fall in love. The wise person recognises this and does SMART things in the marriage. I completely understand that when you are in a marriage/love you tend to give your everything...invest all of your energy and time and money and emotion ..because after all..one can't be cautious when it comes to love.. Understand understand.But one also needs to consider that no matter how beautiful companionship is..YOU come before him/her.(if you are the filmy types who doesn't agree with this statement, stop reading this right now...close the window...and watch Dil se..Nice songs in that movie btw)
Anyway...
Few things you must and must not do in marriage especially when it comes to finances

Do NOT
Give up your career for the sake of love and then feel sorry after you have missed the train
Throw in allll your salary into running the household/mortgage of the house without keeping anything for yourself
Buy a house in your partner's name ONLY(Control your emotion.this is just practicality)
Completely depend on your partner's salary for even your personal expenses..(excuse me..where the hell is your concept of equality?)
Just take and never give-as in the case of love and care..this is not ok in the case of money too

DO
Discuss money involving you and your parents-ideally this should be non negotiable.
Discuss exit terms -especially in the case of investment together..there is nothing wrong or unethical about this. Don't get emotional
A pre nuptial agreement (if you are the richest rich person who has a lot of money to put into the relationship...damnn...lucky you!)
Discuss financials involving children(if you have any)or in case of investment in the names of either of your parents and you being a partner in any of them
Let your partner be aware of your insurance details
Be INDEPENDENT especially if you are a woman- there is nothing more damaging and enslaving that to be dependent on your spouse for pocket money.
BE AWARE of any money that involves the two of you-bills, loans, EMI etc.

Any relationship should be based on mutual trust and respect. You cannot think of claiming everything related to the other person especially money, just because they decided to share their life with you. Have some self respect. Keep some money for your rainy days. Enjoy the rest together !




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