15 September 2022
Being a married couple requires a dedication to arranging everything together. After marriage, one thing to consider is how to manage cash.
If you and your partner have separate incomes, you should open a joint account. Joint accounts must be kept separate from personal or partner accounts.
You and your partner must agree on a monthly budget in advance. The amount can be calculated based on your typical lifestyle and demands with your partner.
Each month, create various categories for each family spending. Food expenses, entertainment, transportation, zakat, installments, savings, and emergency finances are some examples of categories you can create.
All transactions that you and your partner conduct must be meticulously recorded in order for them to be organized as planned.
Determine the family's ambitions and needs, such as children's education, home ownership, and vacation plans, and then calculate the amount of money and investment commitment required to make it a reality.
360 Digital Wealth is a feature that makes it simple to track costs and create financial strategies to attain various goals after marriage. Your finances will be more optimal because the feature provides summary that is easy to understand.
You can practice some of the tips above using 360 Digital Wealth feature on M2U ID App
Some of the benefits of the 360 Digital Wealth feature for financial management include:
All transactions will be automatically recorded if you make payment or purchase transactions via Maybank Debit Card, Maybank Credit Card, Maybank QR Pay and other transactions through the M2U ID App. For other transactions, you can add expenses manually in the 360 Digital Wealth feature.
Click here for more details on the 360 Digital Wealth feature.
Let's open Maybank U/ U iB Savings account online via the M2U ID App enjoy the 360 Digital Wealth feature to make it easier for you to manage your finances at any time.