Weddings in 2022 are expected to happen in record numbers. This upcoming life-changing event is the perfect opportunity to get on the same page about finances, if you haven’t already. PennyGem’s Johana Restrepo has more.
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00:00Weddings in 2022 are expected to happen in record numbers.
00:07According to the wedding report, there will be up to 2.5 million weddings this year.
00:13This is the highest number since 1984.
00:16This upcoming life-changing event is the perfect opportunity to get on the same page about
00:21finances if you haven't already.
00:24Many couples make big financial decisions before they even walk down the aisle, like
00:29moving in together.
00:30CNBC suggests couples speak with a third-party professional, like a certified financial planner,
00:36to get on the right track.
00:38There are people out there who will work with you regardless of how many assets you own
00:43or how much money you make.
00:45Insider recommends taking these talks in baby steps.
00:48Maybe at first, you only share your credit score and your plans for retirement.
00:53Then, share money goals and how you want to accomplish them so you can hold each other
00:58accountable.
00:59You can also ask your partner about how they grew up and how they learned about money management.