Archives For Premarital inventory

You’ve learned a good bit about your potential spouse (PS) in part I. Now it’s time to do a little digging to learn more about your financial expectations.

The point of this exercise is to spark discussion and find possible causes of conflict. Resolution and agreement is the end goal.

Click and download the Premarital Financial Priorities Exercise. Each of you will complete these questions separately and then compare answers. Hope you have some good discussion!

25 Financial Compatibility Questions

These are 25 questions and statements to spark conversation and determine your financial compatibility. Remember when there is disagreement, listen to other person and calmly explain your views.

  1. It is the husbands role to earn a living, the wife should stay at home.
  2. Who should keep the checkbook balanced and pay the bills?
  3. I can explain my opinions, even when I am angry or sad.
  4. The wife should manage the money since she’ll handle most the shopping.
  5. It is important to give presents at special occasions like birthdays, anniversaries, holidays.
  6. It is important to receive presents at special occasions like birthdays, anniversaries, holidays.
  7. Husband and wife both working is acceptable to me?
  8. What is your understanding of investing and retirement?
  9. Once we have kids, I think the wife should stay at home and stop working.
  10. I get emotional when talking about money.
  11. I believe doing a budget each month is important.
  12. I believe paying of debts we bring into the marriage is a shared responsibility.
  13. I believe debt is OK.
  14. Using credit cards is just a way of life.
  15. Do you want to own a house within 5-10 years.
  16. We will always be renters. We will never be able to afford a house.
  17. I don’t believe in retirement, I’m going to work till the day I die.
  18. Having children isn’t financially responsible.
  19. Do you have hobbies that you are not willing to give up that are financially costly?
  20. Giving money to charity is important to me.
  21. Loaning money to family and friends is acceptable.
  22. Keeping up with the latests gadget trends or fashion is important to me.
  23. Do your parents expect you to support them financially in their old age.
  24. Should you have a budget for the wedding or spend ‘whatever it takes’?
  25. How much income will you need to support yourselves as a married couple?
Complete the activities and questions and let me know how it went in the comments. 

[This is part of the Premarital Financial Series]

Photo credit Makena G

Money can be a touchy issue. Maintaining healthy relationships is also challenging. Mixing money and relationships is a recipe for conflict! Welcome to marriage!

Dealing with money inside of marriage is a skill unfortunately many people don’t learn. This series will help you to get to know each others values and beliefs about money.

It will be tough work, but time well spent. Help divorce proof your marriage by getting on the same page financially.

1) Premarital Financial Advice– Unpack your financial baggage and “I’ll show you mine if you show me yours”.

2) Premarital Financial Priorities Exercise– Take a financial inventory and also 25 Financial Compatibility Questions

3) How Much Should I Spend on an Engagement Ring?We’ll look at this questions and give some advice to both the guys and gals.

4) Budgets, Weddings, & Prenups Oh My!– How much should you spend on a wedding? Is a prenuptial agreement right for you?

5) Our Story & Premarital Resources


Did you like this series? Be sure to check out our How to Budget Like a Pro Series.