When you’re in a long-term, committed relationship, the topic of combining your money will eventually come up. And since financial problems are a leading cause of divorce – especially when partners hide money from each other – combining your finances is an incredibly important part of coming together as a couple. Yes, combining is scary, but keeping your finances separate can hurt your relationship long term. Because of that, here are some things you should think about and ways to ease the transition into combining accounts.
Tag: money love
Disputes about money are cited as one of the leading causes of divorce, so if you’re in a committed relationship, learning to manage those disagreements is important. Deciding where to spend (or not to spend) your cash can be emotionally charged, so before you bring up the subject, make sure you’re in the right frame of mind. The goal is to compromise so that both of you walk away happy.