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Channel sponsored by
Bhavi and Sanjay Mistry
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Money is the number one cause of arguments among married couples, yet surprisingly few address this issue. Now with both the partners being earning members, planning finances is a big responsibility.
It is imperative that couples discuss important issues, such as handling debt, buying a home, planning for kids and retirement, creating a financial safety net with insurance and emergency funds.
Shaaditimes spoke to couples to know how they handle this sensitive issue.
Bhavi and Sanjay Mistry
Do you consult each other before taking any important financial decisions?
Yes, we very much do. Even for small things like daily expenses, we consult each other.
Who manages the finances?
It's a shared responsibility. We jointly manage the finances.
Do you hold individual or joint bank accounts?
Most of our accounts are joint accounts.
Have you planned for the future? How?
Yes, we have. We discuss our future on a regular basis and take joint decisions. Till now, we have mostly invested in insurance and pension plans.
Have you ever fought over money?
Well, as I said before, we discuss even the smallest of financial decisions. And sometimes during discussions, we have small arguments. But we always manage to reach a decision which is acceptable to both of us. We have never had a major argument or a fight regarding our finances.
Sanjay is a Senior Executive while Bhavi is a housewife.
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