I'm Engaged…Now What?
Learn about how you and your new spouse can build a solid financial future together and how Beneficial's products may be able to help you meet your financial goals.
Congratulations on your new life together! Here are five ways that will help you and your fiance build a solid financial future together.
Make a plan, follow it, but be flexible.
Your wedding is a very special day in your life, but don't let your wedding break the bank. Make a budget that you and your families can agree on, focus on a few items that you and your fiance think will be memorable, and economize on the others.
Get off to a good start with good advice.
You may be required to or decide to get premarital counseling. You and your fiance may discuss money matters and tips for managing your money.
Talk about your financial goals, your fiance's financial goals, and your shared financial goals. Work together to make a plan for reaching those goals, and check in with each other regularly to make sure you're both on track. At the same time, it's important to be flexible enough to change your goals as your financial situation changes.
Our Resource Center is a good place to get financial advice, too.
Look into a personal loan for wedding expenses.
Before you reach for the plastic to pay for wedding expenses, stop and think. Depending on your situation, a personal loan may be a better option for wedding expenses. Visit our Personal Loan page to find out more about our personal loans.
Get debt under control with debt consolidation.
One thing you don't want to give your future spouse is debt. It may be a good time to get a new start on your financial situation. You may be able to consolidate your credit card debts and other high-interest bills with a debt consolidation loan to make them easier to manage. A debt consolidation loan may lower your interest rate and total monthly payment. Visit our Debt Consolidation page to learn more about debt consolidation.
If you already own a home, look into refinancing.
You, your fiance, or both of you may have purchased a home before you got engaged. You may be looking to "upgrade" to a home that meets both of your needs. If you both bought homes before you got engaged, you may be thinking about living in one and renting out or selling the other. Refinancing your current home(s) may be an option for you.
Contact us to find out more about how Beneficial can help you and your spouse meet your financial goals.
These are general recommendations not applicable to all financial situations. Every financial situation is unique. Further, the suggestions and recommendations contained within the content provided are not an assurance of any future result. Be sure to discuss your specific financial circumstances with a legal or financial expert before you take action. Contact us for more information.
