Flemington, NJ -- (ReleaseWire) -- 07/07/2014 -- A key component to any wedding preparation should be financial literacy, according to a new survey completed by Spectrem’s Millionaire Corner. A marriage can be seriously damaged by arguments, anxiety and anger associated with personal finances. With the summer wedding season in high gear, Prestige Wealth Management Group, providing financial planning in New Jersey, weighs in on the survey which looked at advice that should be given to marriage partners as they consider spending, saving and financial issues.
According to the survey, 60% of the Affluent respondents believed that it is a good idea for new couples to outline their short-term and long-term financial goals and values before tying the knot. One-third of respondents recommended premarital counseling to discuss attitudes and behaviors toward money. Other statistics show that 32% suggested couples don’t have a child until they are financially secure, 22% advise couples to check each other’s credit scores before marriage and 26% encourage newlyweds to purchase a home together as soon as they had the finances to do so.
Prestige Wealth Management Group saw a key finding in the survey, showing differences in financial literacy between men and women. According to the survey, women aren’t as likely to live together first before getting married as men are. Women are also less likely to advise couples to delay having children prior to being financially secure.
Before getting married, couples who want to go over their financial planning can visit with a financial adviser in New Jersey at Prestige Wealth Management Group. To schedule a consultation, please call 908-379-8813.
About Prestige Wealth Management Group
Prestige Wealth Management Group is a top wealth management firm with offices in Flemington, NJ and Millburn, NJ, that is dedicated to assisting their clients with every aspect of their financial lives. The company is comprised of experienced professionals, including Certified Public Accountants (CPA), CERTIFIED FINANCIAL PLANNERS™, (CFP®), Chartered Financial Analysts (CFA®), and Chartered Financial Consultants (ChFC®) who focus on making their clients’ dreams a reality. Keeping clients focused on their financial goals, Prestige Wealth Management Group advises them through each step of the process. Taking responsibility for their clients’ success, the company provides investment management advice and proactive communication. On the website, visitors will find brochures, newsletters and webcasts to help keep them informed.
To visit the new and improved website or to contact a financial advisor in NJ, visit http://www.prestigewmg.com.