There are many answers to the question of whether or not to comingle finances. Surprisingly, some couples actually merge their finances as they are divorcing. Some maintain separate accounts their entire relationship. Some comingle monies when they have a child or when they get married. Every situation is different and, according to the author of this post, “It’s all about getting on the same team in your relationship, and discovering what is the best move for you as a couple, to bring intimacy, clarity, boundaries, and healing.” In other words, find out which approach is most comfortable for your personal situation, and follow your heart on the matter.
Read the entire article here: Should You and Your Honey Merge Your Money? Or Not…?
Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.