ST. LOUIS, MO. (KTVI)- Valentine's Day is a popular time for marriage proposals, but that is only the first step in preparing for your new life together. A solid financial plan is the next step to ensure a blissful marriage.
Rich Arnold from First Bank sat down and spoke with the Fox 2 team this morning about tips and strategies when creating a financial plan.
"It is so important that couples planning marriage reach an agreement about how they intend to merge their finances," said Gene Todd, Executive Vice President of First Bank. "Financial planning prior to the wedding helps alleviate potential stress and conflicts."
Recent studies have shown financial problems are frequently cited as a major reason for divorce.