This online library will help you think about important financially focused questions that you should be asking.
It will also direct you to financial information that may be relevant to you and your current situation or life experiences.
What is a Life Experience?
We often talk about the big moments in our lives as ‘Life Events’ or ‘Life Stages’.
Life events are important moments in our lives but are not always a once off event, but rather a period in our lives that we are experiencing.
These times in our lives are called ‘Life Experiences’. You can live through more than one experience at a time and each experience could go on for a long time.
Most people may not live through some of the life experiences at all and will experience them at different times of their lives - there is no specific order (except for death).
Getting married
Getting married is an important time in any person’s life. From a financial point-of-view, it gives us the opportunity to share costs and plans, but there are also financial challenges and risks to think about.
By planning your finances together, you can make sure that both your needs are met and avoid problems later on. The key is sharing the decision making.
Questions
Getting married is a big step in your life and certain decisions must not be taken lightly. Here are some things to think about.
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
Who will pay for the wedding?
Will I have a traditional and a “white” wedding?
What is our wedding budget?
Where will the wedding take place?
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
Do I have a marriage contract?
Are we going to have a joint budget or separate budgets?
Will we have joint bank accounts or separate bank accounts and who will pay for what?
What medical aid will we have?
Important things to think about
Click on the icons to see the types of questions you should be asking yourself...
What would happen if our relationship ended or my partner dies?
Does my partner have debt and how will we manage this?
Do we share the same beliefs and ideals on parenting?
Can we speak to each other easily about money matters?
Learning series
The FSCA have put together a learning series just for you. The topics selected will help you through the financial side of your life experience.
Recommended for you
The FSCA have made recommendations of topics that may help answer some of the questions you may have.
Download all the content for these topics in the resource folder.
How to access the resource folder
Click the menu button on the top left. Click on Resources. Download the documents.
Accessing other topics
Remember, these suggested topics are not the only ones available to you. If you would like to explore our other FSCA learning series you can visit our website.
www.fscaconsumered.co.za
Conclusion
We hope that the information is informative!
We challenge you to put this knowledge to practice so that you can make financially smart decisions!
Remember to download the content before exiting the module.