student car loan

Tips for managing money after marriage

The wedding-day frenzy has ended, and the honeymoon happened weeks ago. Now one of the toughest challenges for young couples begins: managing finances.

Here are five tips from local and national financial consultants for living financially ever after:

1. Communicate expectations and habits. Spouses should be open about credit card and student loan debts. Begin to set financial priorities by answering either/or questions such as: Which is more important, owning a home as soon as possible or taking vacations each year?

You're entitled to one free credit check a year from the three nationwide reporting agencies. Couples should use that information to gauge their financial health and measure their year-to-year progress.

2. Know the difference between good debt and bad debt, and take action.

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Downtown parking garage open

The parking garage connected to the Ward Hotel opened for business on July 6, but already, nearly all of the 214 new parking spaces have been leased.

Sharon Hanna, purchasing facilities coordinator for the Student Loan Finance Corporation, which leases 100 spaces in the garage, said employees are using the garage and loving it.

"Their cars are a lot cooler since they're out of the sun," Hanna said. "And if there's a hailstorm or something, there's the benefit of not having to deal with the elements, especially in the winter. That's a plus. Also, you don't have to cross a busy intersection."

A ribbon-cutting ceremony for the new garage will be at 3 p.m. today on the main level of the garage. After a roughly 20-minute ceremony, the group will move to the Ward ballroom.

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