Money arguments are a big source of conflict in relationships. Before you say ‘I do’, it is probably best to talk about financial management and how you are handling your money after the wedding. Below are five common issues that couples must watch out for.

1. Bill splitting
Sometimes, couples decide to split the bills and allocate them in a fair manner, instead of having a joint account to cover them all. It sounds good on paper, but this process often builds resentment over individual purchases made and divides spending power that is often a big advantage of marriage. Bill splitting can also lead to financial infidelity and massive turbulence once one spouse may be forced to carry the other in case of an emergency.

2. Debt
Sparks can fly when one partner comes into the marriage with too much financial baggage and the other is pretty much blemish free. Arguments may start over income, spending, and debt servicing. In some states, all property and debts are shared after marriage, too, regardless of individual or joint account status. The best way to manage this is to talk about your financial baggage before the wedding and come up with a plan on how you will manage it together.

3. Personality
What is your money personality and that of your spouse? Do you match? It makes sense to discuss your money personality and address the differences with your spouse openly. Some people are natural savers, which spenders may view as cheapskates. Others just have bad habits that can lead to problems once you are working on long-term goals for your family. It is best to recognize your money personality and address and moderate them as a couple.

4. Children
This has got to be the most expensive thing you will ever have in your life. And the cost is just the start of it. Your marriage dynamics will change after having children and you should discuss these changes to keep your wallet, and more important, relationship intact.

5. Extended family
This can be tricky. It can be easier to understand the goals, needs, and expectations of a spouse regarding your own family, but incredibly tricky when it comes to extended family. Having a policy agreed upon in advance can help stave off trouble. Always try to be understanding.