Do personal finances change after you are married?

Question Do personal finances change after you are married?

Answer Yes.

Complete Answer It is no longer “your money” and “my money”, it is “our family’s money”. Jesus said to the Pharisees, “God made them male and female. For this reason, a man shall leave his father and mother, and the two shall become as one flesh”.16 All family members are expected to contribute to and are responsible for the financial well-being of the family.

The net pay that each person brings home is added together to equal the “family income”. Very rarely do both spouses earn the exact same pay. That does not matter – each is contributing what they can to the family. Remember that the pay you receive for your work is a gift from the Good Lord. If you make more money than your spouse, thank the Lord for the talents given to you and the opportunity to earn more money. If you make less money than your spouse, thank the Lord for your spouse.

Financial Literacy Knowledge/Skill

All family members are expected to contribute to and are responsible for the financial well-being of the family.

Comments or Questions

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Next week’s topic: What does a family’s spending plan look like?

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