Your money life is no longer the same after you get married. The easy-come-easy-go attitude has to be shed and a lot of planning has to be done to ensure the family prospers through the years. In short, spending is curbed and saving is turbo-charged. Why? To make sure there is plenty of money for emergencies, for kids births and schooling and weddings as well as for the couple itself after retirement. You do not want to find yourself short of money after retirement. If this is not done, both the husband and wife will suffer as the years roll on and they may not be able to live a comfortable life. 

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So, yes, marriage brings a lot of change in personal finances. Some of the important things to do is to make a conversation over one's finances before marriage is very important. Assessment of existing finances, level of investment getting affected after marriage and big money-making decisions, etc. are some important factors that both the girl and the boy need to asses before getting married. Hence, the most important question is not just how to become rich but also how to remain rich after retirement too. These are questions that the couple should keep asking.

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Speaking on money matters before marriage, Rahul Jain, Head, Personal Wealth Advisory at Edelweiss said, "From simple things like identifying your partner's investment patterns to spending habits – marriage is all about adaptability. Living under one roof, sharing your likes and dislikes becomes as important as understanding each other’s finances."

Asked about the top money-making measures before marriage, Jain listed out these 4 conversations that one must have with one's partner before marriage:
 
Money tip 1] Assessment of existing finances: Like Priyanshu and Anjali – do not make the mistake of being in for a rude shock when you discover the financial habits of your partner. Make it a point to speak about your money matters in the beginning to understand the current investments each partner holds. It will help you to picture whether there is any debt situation to be looked into. Loan repayment or credit card debt should be first on the priority when it comes to managing finances. Meet with your financial advisor and understand the financial priorities as a couple and know ways to manage them properly. This will ensure a safety attached to any of your future financial decisions.

Money tip 2] Separate and Joint accounts: Yes, you are getting married! But that does not mean you have to share all of your monetary details. You have the sole ownership for the money you earn. But for managing your household expenses, you can opt for a joint account with your partner. In which, you can allocate a fixed sum on a monthly basis to carry out day-to-day household expenses like – Utility bills or groceries. This will reduce the burden from both the partners as the responsibility to pay-off such expenses is not a burden over just one of them.

Money tip 3] Making big financial decisions together: Getting married and starting off your new life in a house of your own is desired by many. But, to make such big financial decisions, you have to keep your partner involved in it, as it is going to impact the life which you both will be spending together. Not just limited to buying a house, it can also be regarding starting a family together, building fund for your retirement and the education fund for your children. It can also be a short-term goal like purchasing a car or building an emergency fund. This will keep both you and your partner on the same page and it will be easier to allocate your finances accordingly.

Money tip 4] Where to invest your savings: Married couples have certain common goals like – Insurance, repayment of loans. For which, they start saving money for it together. But, with the money saved together, you should also be able to grow it. Start investing in long-term instruments to make your money grow over time. This will help you in building wealth over the period and also achieving certain milestones as a couple for the future.