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.
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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.”
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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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