What are important financial items to address for married couples?

“In my house I’m the boss, my wife is just the decision maker.”

Woody Allen

Financial Checklist for Married Couples

Get Finances In Order

  • Create a realistic budget
  • Reduce or eliminate bad debt
  • Establish an emergency fund
  • Determine joint or separate accounts


  • If changing name, update driver’s
    license, passport and other documents
  • Consider making your spouse the
    beneficiary on all accounts
  • Review your health insurance and
    be sure it covers relevant medical
    expenses (i.e., prenatal care)
  • Consider updating your tax filing
    options (W-2 tax exemptions)

New Considerations

  • Create a will
  • Purchase life and disability insurance