Newlyweds: 5 Steps to Avoid Money Fights

• Newlyweds can avoid money conflicts by implementing five simple financial planning steps.
• Start with an honest conversation about finances, including income, expenses, loans, and anxieties, ensuring transparency.
• Establish a joint account for shared expenses and individual accounts for personal spending to maintain financial autonomy and teamwork.
• Assign clear responsibilities for bill payments and begin long-term planning with small, consistent investments like SIPs or emergency funds.
• Set ground rules for lifestyle spending, defining free spending limits and discussion thresholds for larger purchases to prevent disagreements.

Why It Matters: It helps newlyweds avoid money conflicts, ensuring a calmer, stronger marriage.