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Interview OpportunityHow to Say “I Do” to Financially Wedded Bliss
WHAT:

The cake has been cut, the presents opened and the honeymoon pictures developed. But while you're still basking in the glow of the big day, your bank account might not be.

With the bills for the caterer, photographer and florist piling up—not to mention the mortgage payment– you might have just come to the harsh reality that while you and your spouse were made for each other, you're not as compatible when it comes to money management.

WHY:

It's no secret that money is one of the major factors leading to marital strife. Instead of working together from the start to determine mutually agreeable financial goals, many couples hide from the issue and sweep it under a rug.

With August being the most popular month to say I Do to marriage, according to Statistics Canada, now is the time for couples to discuss and plan how they will make the transition from “my money” to “our money.”

WHO:

BMO Financial Group has national and regional experts available to comment and offer practical financial tips for newlyweds including:

  • What are the biggest mistakes newlyweds make when managing their money
  • How to merge and manage personal finances and investments
  • How to discuss money matters with a spouse effectively
  • How to balance two different spending personalities
  • How to set up a household budget and set aside retirement savings
  • How to set up a will
  • How to set up a spousal RRSP

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