Presented By-Ramandeep KaurSumit MalhotraNancy Sood

Presented To-Prof. Harpreet Kang

Couples and Money

NEWLY MARRIED COUPLES

MIDDLE AGED COUPLES

OLD AGED COUPLES

Financial Advice Married Couples May Not Want to Hear

• Create Separate Accounts and One Joint Account

• Track How You Are Spending Money called BUDGET.

• Set Your Financial Priorities Together

• Try to Live Debt Free

• Handle Debt as a Couple

• Discuss Finances Together on a Regular Basis

How To Budget as a Couple

• First, you need to determine the household needs. This would include things such as rent, utility payments, groceries, car payments, and debt payments.

• Second, once you have determined your household needs, you can begin to talk about individual needs and wants.

• Third, once you have set up your budget you both need to take part in tracking your spending.

Insights

• Plan for major milestones

• Get your financial house in order

• Curb your impulse spending habit

• Find ways to put every asset to use

• Tweak your budget on a regular basis

• Cut the pointless fees

• Be sure to include a goal for each person

THANK YOU