How to BUDGET Together BEFORE You Get Married | Premarital Budgeting Tutorial
🎥 WATCH: "7 Money Habits to MASTER in the FIRST YEAR of Marriage!" • Watch This BEFORE Combining Your Finances ...
🎥 WATCH: "How We PAID OFF Our Student Loans... STEP BY STEP!" • How We MODIFIED the Debt Snowball to PAY O...
⚡FREE BUDGETING TEMPLATES/TOOLS
Nerd Wallet (50/30/20 template) - https://www.nerdwallet.com/article/fi...
Microsoft Excel Templates (for download) - https://templates.office.com/en-us/bu...
EveryDollar (free app) - https://www.ramseysolutions.com/ramse...
⚡MORTGAGE CALCULATOR (estimate how much a monthly mortgage would be)
https://www.bankrate.com/mortgages/mo...
In this tutorial, we share the EXACT mock budgets we made together before we got married... using Excel back in 2014-2015! 🤯 We'll also share the benefits of doing this with your significant other while you're engaged (or even while in a serious DATING relationship), as well as tips to help guide you through the process of budgeting with your soon-to-be spouse and how to project what combining your finances might look like when married.
If you're currently engaged or in a serious relationship (heading towards marriage), this tutorial is for you!
#budgetingforcouples #premaritalcounseling #moneyandmarriage
0:00 - Intro
1:05 - Our First Mock Budget from 2014 REVEALED
1:59 - Why You Should Practice Budgeting Together BEFORE Marriage
4:37 - Our Monthly Income $$$ in 2014
5:08 - Breaking Down Each Section of Mock Budget 1
7:17 - How to Handle Student Loans and Miscellaneous Expenses
10:22 - How to Project Your Annual Combined Income
10:38 - Mock Budget #2 Breakdown
12:09 - Mock Budget #3 Breakdown
13:47 - How to Estimate a Monthly Mortgage Payment
16:14 - Budgeting Tip - Practice Multiple Scenarios
17:01 - How We Currently Budget (What App We Use)
18:02 - How to Prioritize and Avoid OVERSPENDING