3. Discuss about your children

Children are the most important part of your life. Usually married couple discuss about when to have children and how many.

Well! It might sound nice to discuss about it. But when you take decision of having children, you should always consider your financial situation. To take good care of your children you should always discus your financial matters with your partner. This will help you decide on sharing the expenses of your children from schooling to college.

Moreover, if you are investing in your children you will get tax benefits. Yes, you read it right. If you are taking education loan for your children you will be getting tax deductions for the interest you pay for the loan under Section 80E of the Income Tax Act.It is very important to discuss all these things with your partner, so that you can plan your finances for the future even if some problem arises.

Infact, by discussing about children, you will understand whether your partner will stand by you or not.

Also Read:

9 Simple Ways to File Your Income Tax Returns

Why India Should Have Women Centric Banks?