The life of a person when he is single and after marriage certainly has a very big difference. Even in financial matters.
When you are single, of course managing finances is not as complicated as after marriage. Where often the problem of managing finances can become a quarrel after marriage.
So, in order not to become a trigger for conflict in marriage, it is very important for newly married couples to learn to manage finances well. Here's how to manage finances after marriage!
1. Make a Household Budget Plan
One of the things that must be prepared after marriage is to make a household budget plan. This is in the form of a monthly income and expenditure plan.
Making a household budget plan is of course important, because it can help control expenses so they don't become excessive and also to distinguish between needs and wants. For that, make notes containing husband and wife income, basic needs, electricity bills, water bills, transportation, and so on.
2. Savings to Buy a House
Hoping to have your own home after marriage is the desire of many newly married couples. Therefore, you and your partner need to set aside some of your income for home savings from now on.
Believe me, by consistently saving, then your desire and your partner in getting your own home will be realized more quickly.
3. Prepare an Emergency Fund
Yups, after getting married you also need to prepare an emergency fund, you know! This is of course very important, considering we never know what will happen in the future. Therefore, to minimize the risk of unwanted things, it is time for you and your partner to start setting aside some of your income for emergency needs.
For emergency funds, create a special account that is separate from your daily transactional account. This is done so that the emergency funds are safe and not taken except for urgent needs.
4. Fees for Children's Education
Not to forget, the cost for children's education is also one of the things that must be prepared after marriage. It's nothing, considering the cost of education is currently getting higher and higher.
Of course as prospective parents, surely you and your partner want your child to get the best education. Therefore, start to make financial planning from now on.
5. Entertainment Fund
Yes! There is nothing wrong if you and your partner allocate some funds for entertainment. Surely you and your partner also have a tourist destination to a certain place, right? Especially if there are tourist attractions that you have been wanting to visit for a long time, then start preparing them from now on!
By making exciting vacation plans, of course, it also strengthens your relationship with your partner, especially if you already have children.