Financial Advice for a Couple


Thanks Kow,

I'm very keen that we both don't have a major lifestyle change when retirement happens. Honestly, my partner is super, just not good with finances. I'm at fault as well with a "sure we'll be grand" approach for too long. Getting a handle on finances now will mean we can still have a nice comfortable life, prepare for the kid's college journey, build up a fund for later in life.

Having the mortgage cleared by the time our kid goes to college would be a major relief. Mortgage and college cost at the same time is something we can't sleepwalk into.

Like Bronte said earlier, I intend to encourage both of us to put money into savings as soon as the wages come in. 120K savings fund is worthy of the effort.
 
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