GETTING MARRIED: When you reach this space, stop- even if you have moves left. Take a LIFE Tile and add 1 people peg to your car. Then spin and move again.
Before you spin, an article from knot.com, 7 Relationship Mistakes Even the Smartest Couples Make, provides us with the seven most common blunders we make once we are married or become settled in our relationships.
Mistake #1: Not Dealing With Debt
According to knot.com, money is the #1 thing most couples fight about. This makes perfect sense. Everybody handles their money differently. When I was getting marriage advice for my sister’s wedding, my much older, happily married cousins told me, “Talk about money. Talk about it while you have it so you don’t fight about it when you don’t.”
My friend, Sara, confesses she had a hard time with this when she first got married. The fact that she couldn’t go on shopping sprees and spend money however she wanted, took some getting used to. After getting married, she learned she had greater responsibilities with her money. “When you get married, you realize it’s not just about you anymore.” She and her husband began following a budget in order to build savings for things like their future kids, a bigger house or a business her husband hopes to one day start.
MONEY: Choose one player to be the banker. This player is in charge of all money paid to and from the bank. The banker separates the money into piles by denomination, then gives each player $10,000.
The knot.com has a budgeter where you put in both of your income and then expenses. They create both a monthly budget and an annual budget for you to follow.
An article from about.com, Marriage and Money-Planning Your Financial Life Together, says the first financial decision to make is whether you are going to keep separate or combined bank accounts, or have both separate and combined accounts. Author, Jeremy Vohwinkle, suggests having a joint account for family expenses and personal accounts for individual expenses. This way you are able to keep track of both types of spending. Also, I think it maintains a sense of autonomy in the marriage. As well, Vohwinkle suggests following a budget: How To Create a Budget.
INSURANCE POLICIES & BANK LOANS: Separate the Automobile Insurance Policies, Homeowner’s Insurance Policies and Bank Loans. Place each pile near the game board.
(Mistakes 2-7 to follow)