50 years have passed since the Beatles recorded their iconic hit All You Need is Love. Do you remember Danny’s Song from Loggins & Messina? Perhaps not by name, but who could forget the line “Even though we ain’t got money, I’m so in love with you honey.” Funny how songs like that can influence our values. To a young impressionable mind, it’s a famous song so it must be right. 

We eventually mature (most of us) and realize that many songwriters are too young and inexperienced to know much about anything. Unfortunately, by the time we come to that conclusion, the damage may be done; we've already allowed this sort of nonsense to influence us.

Many of life’s major decisions are made at a young age. You can have a do-over, but how practical would that be? If you are no longer financially supported by your parents and you have bills to pay and maybe children to raise, it wouldn't be easy.

All You Need is Love?

Of course love is important in a marriage. Love and trust and kindness and respect are at the very foundation of a good marriage. But love and other matters are not mutually exclusive. In other words, we can have a conversation about something other than love and it does not come at love’s expense.

EGGSTACK RETIREMENT PLANNER

Countless studies have shown that the number one issue couples fight about is money. Think it’s because they have too much and can’t decide what to do with it? Think again.

That harsh reality flies in the face of All You Need is Love. Could it be that young John Lennon got that wrong? Not to pick on the Beatles, by the way; the world is full of silly love songs.

Strong Foundation , Strong Marriage

We live in an information society. The days are gone when you could graduate high school and get a job that pays enough to support a family. Career fields like medicine, accounting, computer science, law, and engineering are where it's at, and they all require a college education. Other good-paying jobs such as real estate agent, mechanic, construction trade, nurse, web developer, and medical technician require special training or technical school.

If you apply yourself to getting a good education in a good field, it will pay off. Until you graduate and secure a position in your field of choice, you would be wise to steer clear of serious relationships and other entanglements. Establish a strong foundation before you think about getting married or starting a family.

What does that look like? Money in the bank, little or no debt, a demonstrated history of maintaining a job and paying bills. If you play your cards right, it's maybe 23. If you start and stop school again and again and repeatedly change majors and rack up tons of student loan debt, it could be pretty close to never.

Photo credit: Pixabay Eggstack News will never post an article influenced by an outside company or advertiser. Our mission is to help you overcome uncertainty about retirement planning and inspire confidence in your financial future.