This may be a little different than my usual blogs, but sometimes a nice dose of reality is good. That reality is, being married is difficult. You will have challenges, hard times, sad times and arguments. I want all my couples to live happily ever after which is why I wrote this blog... in the hopes that it helps couples avoid one of the top reason people in relationships argue....
Money. Before you start planning your dream wedding, it's important to sit down with your partner and talk about something that for some of us (especially some of us with a recovering addiction to designer purses) may find somewhat difficult to talk about. Debt... Once you become a married couple, you typically share everything. "What's mine is yours," unfortunately that includes the baggage.
It's important to have an open discussion, sit down and document the debt that both of you have collected. That includes credit cards, medical bills, late fees from Red Box whatever it may be. Make a plan on attacking these debts, hard! Work as a team and start by taking the smallest debt and paying it off and then taking the payments you usually put on that debt and rolling it over to the next biggest one and so on. Also, go through your closet and garage and sell items that don't serve any purpose to you. You can post stuff on Facebook market or have a good ole fashion garage sale, put that extra cash toward paying off debt. My husband and I had a hot tub, a Roku, and an Apple TV just laying around we got a decent amount of green for them.
In today's day and age, it's likely that you already live together and share the cost of living, but you'd be surprised how eye opening it is when you sit down and actually see where all your money is going. My husband and I had 4 different types of video streaming services plus cable. I didn't even know we had cable! Not to mention monthly box subscriptions, between my husband, myself and our dog we were throwing money away on makeup, doggie treats, or men's accessories that came in these surprise boxes. Half the time those boxes would sit on our kitchen bar for days before we'd even look at them. Cutting down on some of these things will definitely help when it comes to tackling that debt.
I'm sure you've probably heard this before, but start a budget and Stick to it!!! I've started a budget countless times before but my issue was I never followed it long enough to see an improvement or I would give in and splurge on something I didn't budget for. Making a realistic budget makes following one a whole lot easier. If you know you like to have cocktails with the girls on the weekend, add that expense into the budget but DON'T go over what you have calculated spending. I know this can be rough but trust me, your relationship and your wallet will thank you in the end. After tracking your expenses, put left over income toward paying debt. Once you stop tossing money at credit companies and start keeping it in your wallet, you'll actually realize you don't need to use them.
I know it's easier said then done, but stick with it. And if you want to tie the knot before you take care of your debt, I am not saying your relationship is doomed. I am just saying why add unnecessary stress on one another. I do suggest pushing it out as far as possible and saving for your dream wedding so you don't go into more debt and start your first year as Mr. & Mrs. in the hole. If you aren't planning on getting married anytime soon, it's still important to learn how to manage your money so that when that day comes your honey doesn't have any surprises when you go to make your first large purchase together, like a home or car.
Now go sit down with your partner and have the talk! The budget talk. And if you are ready to start planning that dream wedding, let's chat and see how Daydream Events can help create your dream wedding.
Wedding Planner, Mother, Wife, Daydreamer