Understanding the challenge, and perils, of combining finances
MILWAUKEE, June 13, 2014 /PRNewswire/ — When couples tie the knot, they might also be saying “I do” to debt, a low credit score and a partner with incompatible savings habits.
A new interactive webcast from Northwestern Mutual called “Marriage and Money: 3 Steps for Building Your Future Together,” is designed to help couples avoid the pitfalls of money management—and successfully build a solid financial future together.
As part of the webcast, Northwestern Mutual’s Delynn Alexander, wealth management advisor and regional director Ryan Kramer CLU®, ChFC®, will expand on three basic steps that married couples need to take when it comes to finances:
- Assess your financial situation and individual behaviors
- Create a vision for your future together
- Develop a plan to make it happen
According to Alexander and Kramer, these steps are fundamental for any couple hoping to set a firm foundation for a prosperous life together. Viewers may submit questions to be answered during a live Q&A.
The webcast will take place at Noon CT on Wednesday, June 18, and is open to the public and free of charge. Individuals may register here.
“Couples have many concerns when embarking on marriage, with money management being a top consideration. It is important that couples take the right steps that lead them through the process of combining finances and planning a shared future together, in the short and long-term.” said Alexander.
Kramer added, “Each and every marriage includes its share of experiences, adventures, dreams and opportunities. And that is exactly why it is so important for couples to ensure they have a sound financial plan in place.”
Join Northwestern Mutual on Twitter during this webcast using the hashtag #FinancialGoals.
Post-event coverage, including the recorded webcast, as well as other pertinent resources will be available under “On Demand” section here: www.northwesternmutual.com/webcasts
About Northwestern Mutual
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years. Our financial representatives build relationships with clients through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With more than $217 billion in assets, $26 billion in revenues and more than $1.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.2 million people who rely on us for insurance and investment solutions, including life, disability and long-term care insurance; annuities; trust services; mutual funds; and investment advisory products and services.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company, Milwaukee, WI, and its subsidiaries. Northwestern Mutual and its subsidiaries offer a comprehensive approach to financial security solutions including: life insurance, long-term care insurance, disability income insurance, annuities, investment products, and advisory products and services. Subsidiaries include Northwestern Mutual Investment Services, LLC, broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company, limited purpose federal savings bank; Northwestern Long Term Care Insurance Company; and Russell Investments.