Married Life

Financial tips for Double Income couples

There are both advantages and disadvantages of being a double income couple. Here are some tips to help you make the most of having two incomes
man and woman using computer

More couples are double income couples now

‘Beti Bachao, Beti Padhao’. This slogan has created quite a stir in recent times. There has been a steady rise in the female literacy rate. However, India still has a long way to go. India ranks 120th among 131 nations in female workforce, says a World Bank report. Our country has one of the lowest female participations in the workforce.

This female workforce shrinks further after marriage. As a result, in India we have a very small group of ‘Double Income Couples’.

Double Income
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Related reading: How to be financially independent as a married woman

What is a ‘Double Income Couple’?

Any couple where both partners have separate sources of income belongs to the ‘Double Income Couple’ group.

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  1. A couple friend of mine have issues on how they should divide their monies. Also they fight a lot about it. The girl wants to give her parents and my friend is not okay with it. However much we may say about progressive India, this is still a huge issue. Liked your piece ma’am.

    1. Thanks Aryan I am glad you liked my article. with changing gender roles frictions in relationships are bound to happen, its totally upon us to decide which battles are worth fighting for.

  2. This is very important one!

    Every couple must read the piece as managing finances is very crucial in a relationship and if the finances are not managed effectively it can lead to disagreements in a relationship.

    It’s a must-read!

    1. Hi Sneha, I totally agree with your view. Every healthy relationship has to have a strong bonding emotionally, physically and in recent times financially.

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