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A young couple becomes interdependent with a shared responsibility for living costs and the achievement of future financial goals. Where both partners work, two incomes are available to meet the burden of expenditure. Sufficient surplus funds generally will be available to meet their most important financial planning needs. Since the couple depends on two incomes, the loss of one salary would be a serious blow to their domestic economy. It is important to protect these incomes against loss through disability, injury, long-term sickness or even death.

The young couple will want to accumulate capital to fulfil their future goals and continue saving for an income in retirement. They would be well advised to create an emergency fund to meet urgent and unexpected expenditures such as house or car repairs. If only one partner provides the couple’s earnings, their financial planning priorities will be different. The death of the wage earner would deprive the non- working partner of his or her income and may compromise the ability to meet existing financial commitments.