New York, NY (PRWEB) August 30, 2013
Kate Rogers provides financial tips for those engaged to be married in her article that was published in Fox Business on August 28, 2013. Asking the questions mentioned in the article is only the beginning for the bride and groom, and JonasInsuranceAdvisors.com announces its list of financial priorities for newlyweds.
As Rogers points out in her article, embarking on marriage isn't as easy as a romantic classic movie makes it seem. Though some things remain true like how women run to get in shape to fit into the perfect dress or the traditions of a Catholic wedding, a modern marriage requires open discussion about finances.
When a bride and groom get married, eventually the excitement of the actual event gives way to the reality of marriage and financial stability. A handmade quilt can be a special gift to remember your wedding by, but it won't help pay the bills during financial strain.
Because of unexpected expenses such as paying for a burial of a loved one or sudden loss of employment, it’s important for couples to focus on financial stability at the onset of marriage. After asking the questions proposed by Rogers during the engagement period, JonasInsuranceAdvisors.com urges newlyweds to prioritize the following financial aspects:
1. Set-up joint accounts and maintain open communication about finances.
2. Pay off all debts including credit cards and student loans starting with the highest interest rate.
3. Start a joint savings account and initiate automatic transfers from checking accounts.
4. Shop around for the best insurance policies to be protected in the event of an emergency.
In response to Kate Rogers article regarding discussion points for those currently engaged to be married, JonasInsuranceAdvisors.com announces a list of financial priorities for newlyweds to ensure financial stability. By taking steps such opening a joint savings account and paying off high interest rate debts, newlyweds can minimize financial strain in the wake of an emergency.
About Jonas Insurance Advisors:
JonasInsuranceAdvisors.com is an online resource that provides the latest news and advice related to all aspects of personal finance. From how to properly manage money to how to choose the best insurance, the website provides expert insights into financial stability.