Should you keep your cash separate from your spouse's?

Published Date 3/1/2013
Under: Career & Finances



Should you keep your cash separate from your spouse's?

While you might assume that it's only natural to combine finances with your wife once you've walked down the aisle, not every couple does so in this day and age. In fact, many people choose to keep their money separate in order to avoid confusion and feuding.

Which option is best for you? One way to determine whether you should combine your finances or not is to test the waters. Try keeping your cash separate at first and see if it yields any problems. If you end up arguing more often than not, you may want to try the other option.

Another way to come to a decision on the matter is to weigh the pros and cons of combining your cash. While it might be easier to share the cost of purchases, it may lead to more conflict if you're both territorial about the money you earn.

One option you can consider to establish some middle ground is to open a bank account together where you can both contribute funds. This gives you a go-to stash for those moments when you both want to contribute to a purchase.

Speak to your psychic if you're interested in finding out how your money will affect your marriage. A tarot reading can give you insight into how your spouse views financial matters.

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