7 Key Steps For Married Couples to Become Financially Free Together

…Mey here on a dark Saturday evening after a nice day with my family blogging about the 7 Key Steps For Married Couples to Become Financially Free Together

…a lot of people will joke around about marriage, in that the wife spends all the money the husband makes and so on…

…yet, married couples are more likely to become free because they are a team, a mastermind…

…two heads are better than one…

…so, go ahead and read on and make sure you follow to 7 key steps for married couples to become financially free together

 

Key #1 Saying I Do want to Be Financially Free

…the first key is to actually decide as a couple that you want to be financially free…

...say I DO to financial freedom and that you want it together…

…many couples never do this, never make this pact, and yet, it is Key #1…

Key #2 Divide and Conquer Your Money and Accounts

…some couples throw all their money into one joint account and even though this may seem simple, it actually makes it really hard to manage where you want your money to go…

…there are a lot of different ways to manage your money and we use the Jar System from T Harv Eker

…in this system, you have a financial freedom account already established so you can just follow the system and make it happen…

Key #3 Give Your Spouse Freedom To Spend

…it’s important that both spouses have some freedom to spend on whatever they want…

…this can be accomplished by having each spouse have their own personal spending account…

…if one spouse works as a housewife or househusband, then give that spouse an allowance so that they have their own money…

…most housewives and househusbands are estimated to give about $100,000/year in services (if you were to pay someone else to do all that they do, that’s roughly the figure)…

CLICK HERE for a post I wrote on how Moms Can Become Financially Free

Key #4 Communicate About Your Financial Goals

…when you want to buy something, or go on a trip, or whatever it is…

…if it isn’t coming out of your personal money, and it is going to be a joint expense, communicate with your spouse about it…

Key #5 Respect Your Spouse’s Decisions

…if you want to spend the money in the joint account on a trip to France, and your spouse wants to trade in your car instead, then respect each other and know that you are not going to spend the money until you are in agreement…

Key #6 Enjoy Your Money Together

…the joint accounts are for your marriage, your love for each other, to be spent and a couple…

…make the process fun and happy…

…enjoy your money, and the process of making financial decisions together…

…enjoy the negotiation, and love your money…

Key #7 Monthly Check In Together

…every month see how you are doing…

…did you save like you planned…

…are your investments making passive income…

…are your expenses going down or at least staying the same…

…plot your progress until your passive income finally exceeds your expenses and you both are free!

Conclusion

…getting married is a blessing and if you manage your money properly, you will become financially free together!

…I hope you enjoyed this post…

…tell me what you think in the comments below!

…as you can tell I love my husband and I love sharing knowledge on Financial Freedom…

…do you have something that you are passionate about?

…ever consider blogging about it?

…you might be surprised on how much you can make doing it!

CLICK HERE, watch the free video and make your decision to get started =)

2 Replies to “7 Key Steps For Married Couples to Become Financially Free Together”

  1. This is a great post to read Mey, since I’m still single :). I’m definitely keeping this all in mind when the time does happen to get married.

    1. Thanks for the comment Andre…it’s crucial for married couples to work together on money matters…

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