YOUTUBE VIDEO: Combining Finances With Your Partner Is A BIG Decision To Make

YOUTUBE VIDEO: Combining Finances With Your Partner Is A BIG Decision To Make

In this video, I recommend keeping finances separate before marriage—as my wife and I did when she contributed her previous rent amount toward my mortgage while splitting bills evenly—but combining accounts after marriage since you're officially a “team” and it simplifies family bookkeeping. In my household, we follow an unspoken rule where purchases under a few hundred dollars don't require discussion, but larger expenses warrant a conversation. From my experience managing finances for myself and clients, joint accounts after marriage are both functionally easier and philosophically better, though everyone needs to find what works for them.

YouTube video