After a long-term relationship Alefiya and her fiancé are ready to tie the knot. Their approach has always been 50-50 when it comes to splitting the bill - and as a young couple that wants to live independently of family, they understand the importance of sound financial planning. Alefiya shares, "My partner and I have mapped out our 30-year life plan. We've set various goals such as purchasing a car in the first year, expanding our business for reinvestment in the second, and starting a family in the third, and so on."
Despite different earning brackets, the duo believe in equally splitting their expenses "Currently, we have a structured approach to managing our finances, allocating a portion of our income towards investments and savings. We intend to establish a joint account where we can collectively manage our expenses, designate funds for investments, and set aside savings as rainy-day funds," acks Alefiya.
This transparency in communication when it comes to money has witnessed a refreshingly open change in the recent past - there's an active movement from feeling 'awkward' to discuss finances to actually talking about what the financial health of one's relationship is. It's no longer off-putting to speak up, at a comfortable pace, about what you want to do with the money you earn, or ask your potential partner what they'd like to do with theirs.
SOUND ADVICE
هذه القصة مأخوذة من طبعة Grazia MARCH 2024 من Grazia India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة Grazia MARCH 2024 من Grazia India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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