Different money values

One of the first things many newlyweds do after they get married is they take an expensive honeymoon. Then they try to buy a new expensive house and fill it with expensive furniture.

"A common problem with newlyweds is that they want to pick up where their parent’s left off. They want to start out with all the things that it took their parents 25 years of more to accumulate" says Bill Pratt

Wow- I definitely agree


We wake up 5 years later with children and major debt. By now we are so used of debt in our daily lives that it doesn't scare us until perhaps we want to refinance the house or finance a late model car.

As long we don't see our credit reports, we're cool.

I never realize how long it took my parents to get comfortable financially (house, car, minimum debt) ..it took them about 20 years.

I came from a middle class life, so I automatically wanted a house when I got married, only because it was all I knew. I had no idea that my parents live in an apartment after they were married and did not have a honeymoon.

So if I had to give any advice to an engaged or newlywed couple is that there is no need for a major honeymoon and big house right away. We did not take a honeymoon until 2 months later after we were married. Try to save up at least 80% of the total bill for the honeymoon and wedding. And yes it's ok to rent after you're married.