Husband & Wife – Know your Financial rights & duties

Feelings of future financial security matter a lot in any relationship, specially that of husband and wife.

Two thing to strengthen your relationship –

1) If wife isn’t earning – Husband must regularly provide 10% to 15% of his total income without spending accountability.

2) If wife is earning – Contribute proportionately towards savings & investment on both the names while maintaining separately.

And add co holder/nominee in all accounts.

Few Tips –

1. Be faithful in your relationship by having economic, physical, emotional and verbal respect towards each other.
2. Women should avoid financial dependency to avoid hardship.
3. While buying house, proportionate payment to be done from Husband & Wife’s account.

Wishing you all a healthy financial life.