Money and marriage: Financial planning advice for wedding season

A couple should talk about money before they are pronounced husband and wife

India’s wedding season is coming. There were 3.2 million weddings November to December last year, with an expenditure of Rs 3.75 trillion, according to Nikkei Asia and the Confederation of All India Traders (CAIT).

When Indians marry, they usually bring together their finances. Soni K, who is a digital marketer in Mumbai, says she has already planned her finances before her wedding in December.

"We have decided to have separate assets but will go for joint liabilities and expenses," says Soni about her fiancé. Soni's parents are teachers and want her to merge all her finances with her future spouse.