Comments on: Financial Tips for ABOUT to weds…

By: PrAvEeN

PrAvEeN — Tue, 14 Aug 2012 12:01:01 +0000

I saw many guys in IT getting married just because they are in IT and drawing some good salaries. These guys doesn’t have any assets like land. They will take some loan and purchase some land/house in their hometown and while marriage they show these as assets and with the dowry they get they will pay-off the loan they took for buying the land. I am not saying anything against these but the fathers of brides only see the salary he is drawing and these assets (but they don’t know about loans)

If these type of people really start discussing about their FINANCES with their would-be’s before marriage, I feel 50% of these marriages will be cancelled-off

By: shinu

shinu — Sat, 11 Aug 2012 07:30:27 +0000

Truly a wishlist for most of our society. It will be great if the couples come in agreement in all these atleast within 2 years of their marriage…

By: Sriram Narayanan

Sriram Narayanan — Fri, 10 Aug 2012 18:29:00 +0000

I have recently got engaged, and have discussed these topics (and more, thanks to Subra’s book) with my fiancee.

I first shared the blog and the book with my fiancee, and after she’d read the various content, we both discussed our individual goals. It turns out that she is financially smarter than I, and went on to complete various things (KYC, PAN card update, SIP plans) before I did. We even prepared and shared with each other a GoogleDoc spreadsheet on how we want to achieve our individual financial goals (This was before we got engaged).

Post engagement, it has been very easy for both of us to discuss our marriage expenses given that we’re both used to discussing money with each other. We have been able to set expectations with each other and with our families, and both the families are pretty supportive since they see how we both have good compatibility on financial matters.

I urge everyone who reads Subra’s article to think a bit about how they’d like to achieve financial compatibility with their fiancee/girlfriend/spouse, and to get started on the discussions. There is every chance that your spouse (existing/to-be) may ask you to “take care of the money matters”, but you need to get them to a discussion table to cover these important topics. For this to happen, though, you yourself need to be convinced enough first

By: SAM

SAM — Fri, 10 Aug 2012 16:27:13 +0000

Subra,

Nice article. But Utopian. How many couples actually discuss these things outright and very pratically without getting emotional?

And breaking the girls salary – so you could send one to inlaws and one to parents – is truly truly heartbreaking!

By: Sanjay

Sanjay — Fri, 10 Aug 2012 16:12:00 +0000

only 28% marriages end in divorce.
Is divorce rate so high? Or Sir missed a decimal point between 2 and 8?

By: Arpit

Arpit — Fri, 10 Aug 2012 09:27:16 +0000

Absolutely correct. Agree completely from personal experience.

@ Sambaran, I believe Subra is talking about couples whose marriage has been already fixed.

By: Jitu

Jitu — Fri, 10 Aug 2012 04:04:29 +0000

Thank you Subra, for yet again timely post

Point # 7 is worth a million bucks

By: aditya

aditya — Fri, 10 Aug 2012 03:27:08 +0000

most imp pt is 10..

truly hart hittig

By: nix

nix — Fri, 10 Aug 2012 02:56:25 +0000

agree with Sambaran. The article is more of fantasy.

By: Sambaran

Sambaran — Fri, 10 Aug 2012 02:40:51 +0000

Subra,
I find it difficult to imagine that a couple, whose marriage has not been finalized yet, will be comfortable discussing the stuffs you mentioned above.
However, if they could do so, it will be very valuable indeed.