Engineer Your Finances

A Systematic Approach To Money

  • About Us
    • Disclosure
    • Privacy Policy
  • Contact Us
  • Toolkit
  • Security
    • Credit & Debt
    • Banking & Saving
    • Psychology
    • Other
    • Optimization
    • Education
  • Self Discipline
  • Improve Returns

Create A Plan For Saving Money As A Couple

Share

Saving money as a couple can be easier than working on financial goals alone. Planning goals together allows for a greater level of support and increases your focus on the end objective. It can be really exciting to plan goals with someone special and it will be rewarding working together as a team to reach the goals that you have made. Getting started on your plan creation will take some preparation. Here are some tips on where to start the journey and how to stay on track.

Sit Down To Discuss Your Plans

It’s important for couples to plan and agree on saving strategies in order for your savings goals to be met. One way to accomplish a successful saving plan is to schedule meetings together for discussion, either weekly, bi-weekly, monthly, or quarterly depending on your financial situation. Couples can use these meetings to find out what goals they want to reach, what they are going to do to achieve the goals, and how fast the objectives will be tackled. Some of the things many couples discuss are plans for kids, homes, vacations, retirement, and savings. Once the targeted goals are discussed, laying the ground work is the next step in the process.

Fill In The Blanks

Now that discussing the long term goals is completed, it is time to determine the details needed to make meeting those goals a reality. Couples can begin by evaluating the current state of their finances. It is helpful to write out individual debts and income separately at first. This will make planning easier by preventing any financial issues from being overlooked. If there are any personal issues that could interfere with the success of the plan, find the common denominators that both can get behind and compromise on the others to create one plan that both people are happy to work towards.

Take Action

Couples will need to work together to accomplish what they have committed to in their savings plans. It has to be a joint effort or all of the planning that has gone into creating your savings goals will fall apart at the seams. Remember to include a few short term goals along the way as rewards for completing portions of the plan. Be open and honest about the plan along the way and review it often, as all plans can be modified if needed. Most importantly support one another and push forward together. If all goes according to plan, there will be well deserved satisfaction at the end.

Comments

  1. krantcents says

    February 14, 2013 at 4:22 PM

    I think this always true! All couples should plan together and save for what they want out of life.

    Reply
  2. Sarah Park says

    February 17, 2013 at 2:58 PM

    Couples should plan together since both will build their future together as well. Of course, hearing each other’s side would be very essential.

    Reply
  3. Chris says

    February 19, 2013 at 11:58 AM

    Saving as a couple is a real step towards securing a future together!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FOLLOW US

Join Our Newsletter
  Thank you for Signing Up
Please correct the marked field(s) below.

1,true,6,Contact Email,21,false,1,First Name,21,false,1,Last Name,2





Our Favorite Posts

  • How Much Interest Does 1 Million Dollars Earn Per Year? by Trey LaRocca
  • 3-Month Performance Review by Fin Engr
  • Rooting Out The Devil: Kathy Kristof Interview by Fin Engr
  • Money Hackers Carnival #117: Wedding & Marriage Edition by Fin Engr
  • Interview: What’s it all about? More than Money! (Part I) by Fin Engr
  • How to Compare Rates for Mortgage Refinancing by Fin Engr
  • Want To Erase Bad Credit Instantly? 6 Hacks That Work Fast by Trey LaRocca
  • FinEngr Joins The Million Dollar Club by Fin Engr

Blogroll

  • Blonde and Balanced
  • Budget and the Bees
  • Cash Cow Couple
  • Cash the Checks
  • Clever Dude
  • Dinks Finance
  • Enemy of Debt
  • Get Rich Slowly

Categories

Our Friends



Great Investing, Simplified: Get Stock Advisor for Just $99/year!

Need to find a loan? Got a Car? Compare title loan offers near me and get the best rate.

private real estate investors

Order custom essay from professional essay writers.

Visit 123 Term Papers and you’ll receive help from the qualified writers.

Thesis writing help for all the students!


Deprecated: genesis_footer_creds_text is deprecated since version 3.1.0! Use genesis_pre_get_option_footer_text instead. This filter is no longer supported. You can now modify your footer text using the Theme Settings. in /home/engine16/public_html/wp-includes/functions.php on line 5234

Copyright © 2021 · Runway Pro on Genesis Framework