There are many things to consider
when you’re planning a wedding for yourself or
your children. We can help you check off at least one
thing from your list – ensuring that you have
enough money to make it the wedding of your dreams.
Planning a wedding
Speak to your Member Service Advisor
about your wedding dreams and plans. Your advisor can
guide you through some of the key questions you’ll
need to consider:
- Have you determined a budget?
- Are you paying for the entire
wedding yourself?
- Will you have enough time to save
for the wedding?
- Will you need to borrow money?
- Do you have a credit union MasterCard
to use for the deposit on a banquet hall?
Planning your honeymoon
See Planning a Vacation for tips on how
to ensure your honeymoon is the trip you’d hoped
for.
Organizing your finances
once you’re married
Once you’re married, you may want to have joint
accounts. A joint account makes it easier to deal with
joint expenses such as rent or mortgage payments and
bills. Each spouse may also want to maintain a separate
account in his or her name, which enables you to maintain
independent credit ratings.
You’ll also want to take
care of administrative details, such as changing beneficiaries
on your RRSPs and insurance policies, and changing your
name and address (if applicable). And, don’t forget
about the merits of spousal
RRSPs. Let us guide you through the financial decisions you need to make to get your marriage off on the right foot.