Apart from compatibility, the key aspect in today's marital relationship is financial planning between husband and wife, as it will ensure smoothness as well as longevity to happiness. This involves matching of the financial horoscope as it provides economic stability to the family. To understand it better, Vikas Puri, Vice President, Quant Capital, tells Zee Business viewer about the dos and don'ts related to it.

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After getting married, people should decide their financial goals and make short, medium and long term goals, while giving priority to children's education, according to Puri, who added that people should increase their investment in mutual funds with SIP, and diversify their portfolio, balancing investment in equity and debt. Further, they should save for retirement by making investment in retirement funds, and this should begin immediately after marriage to lead a better life after sixty.

According to Vikas Puri, matching of financial horoscope before marriage is necessary for financial planning after marriage. His '7 Words of Investment' are like "7 oaths" of marriage.

He advised couples to know the financial position of each other. They should give information about loans taken and how long is the loan going to be, how much EMI goes out in a month, and do not hide your debt. They should share life's financial goals, and explain where you have invested, and give information about salary or business income, besides providing details about property and land. This is critical to the relationship between bride and groom as by giving information about investments, it becomes easy to match economic traits.

Further, he also asked people to share all the details of their insurance plan; share info about Health, life insurance plans. If you do not have insurance plan, you must take it; must have a term plan as it give cover to your family and include the name of life partner in group health plan after marriage.

In marital life, you should avoid financial infidelity! do not give false information about earnings, do not spend without telling your life partner, do not hesitate to talk about money, don't lend to others without telling your life partner, avoid spending through credit and also avoid wasteful expenses in marriage.

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Making an emergency fund after marriage is a must, therefore maintain an Emergency Fund for 6 months' expenditure, along with your savings in bank account. These are key points of the '7 Words of Investment' that newly married people should know for a better financial planning.