Does your spouse know what you earn?

Getting the money bit right in your marriage is so important as it can derail marriages.

In this video, we looked at how to use financial goal-setting to build financial intimacy.

Examples of Financial Goals Short-Term Goals (Less than 1 Year)

Emergency Fund: Save £1,000 for unexpected expenses.

Debt Repayment: Pay off a £500 credit card balance within six months.

Vacation Fund: Save £2,000 for a trip next summer.

Mid-Term Goals (1 to 5 Years)

Car Purchase: Save £10,000 for a down payment on a new car.

Home Improvement: Set aside £15,000 for renovating the kitchen.

Education: Save £20,000 for tuition fees or professional development courses.

Long-Term Goals (More than 5 Years)

Home Ownership: Save £50,000 for a down payment on a house.

Retirement: Accumulate £500,000 in a retirement account by age 65.

Children’s Education: Save £100,000 for your child’s college fund over the next 18 years.