Premarital Financial Planning

Premarital Financial Planning is the Best Divorce Prevention

Did you know that financial issues are the #1 reason couples get divorced in the US? When it comes to marriage money matters, it turns out that money matters! 

At Peace Talks, we understand that these kinds of conversations can be uncomfortable and difficult for even the most committed couples. That’s why we offer Premarital Financial Planning mediation, where you’ll learn how to discuss money with your partner and explore your relationship to money within the context of your partnership. 

If you're getting married or wish to have a premarital agreement as part of your marriage, determining how you both feel about money is essential to your partnership's success. Financial counseling also includes the specific details of managing money. We help you decide your marriage's financial goals, the budget you would live by, and uncover the beliefs and numbers that need to see the light of day for you to share in financial peace together.

Valuable Insights

Here are some of the issues we explore during Premarital Financial Planning: 

  • Can you articulate your personal feelings about money and how you exhibit financial attitudes and behaviors in your daily life?
  • How does your family and family financial history, circumstances, and traditions affect your feelings about money?
  • Have you been influenced by society, training, or peer pressure that affects your feelings about money?
  • What beliefs do you have that may cause anxiety, fear, or obsession - and can make it difficult for you to handle financial decisions and tasks?
  • How do you have a money dialogue with your partner? Do you have a different culture of money than your partner? 
  • What socialization pattern may influence your behavior? Are the decision-making styles of you and your partner similar or different?
  • How can you resolve differences and conflicts over money? 

By gaining these valuable insights, we can help you with communication techniques to make difficult conversations more comfortable. We also help you develop shared financial goals.  

Love vs. Money

They say love is more important than money, but have you ever tried paying the bills with a hug? Being on the same path financially will help you avoid the most common pitfalls in marriage and create an atmosphere of trust around money. 

By proactively embracing Premarital Financial Planning, your partnership will be on solid ground when it comes time to figure out who pays the bills, where the money is coming from, and how to afford that deluxe second honeymoon on the remote tropical island of your dreams.

Premarital Agreements

If you are seeking or considering a Premarital Agreement, or you want to dig deeper into the possible financial issues married couples face, please see our detailed Premarital Finance Checklist.