Whether you have been with your partner for 10 months or 10 years before you get married, merging finances can be a sticky subject. As “financial newlyweds” you have to come face to face with getting on the same page about spending, saving, and long term financial goals. Luckily, we have five money tips for financial newlyweds that can help you navigate the process of intertwining your financial lives. And, even if you’ve been married for decades, these tips can help you navigate the waters of financial matrimony.

1. Get on the same page financially — be honest about your financial reality. Set a budget and be open about debt and anticipated expenses.
2. Set financial goals — What short and long term expenses do you want to save for and where do you want to be financially in 10 years?
3. Work together to keep more of your hard-earned money — Look at what you will owe in taxes as a married couple, and see if there are any tax breaks you are eligible for.
4. Don’t forget about protection planning — Look at disability and life insurance, and plan for the unexpected
5. Update your beneficiaries and other paperwork 

Discussing finances is not always comfortable, but getting ahead of financial planning will make the transition to married finances more seamless and relaxing for both of you!