Categories: Personal Finance

20 Worst Money Mistakes People Make in the Name of Love

INSISTING ON USING ONLY SEPARATE ACCOUNTS

For some married couples, his and hers bank accounts might seem like a simple way to avoid financial disagreements. But this can potentially create more marital problems than it solves. Marriage, after all, is a union.

Even if you have irreconcilable spending differences, it might be better to open a joint account and pay the bills and other necessities from there. Then you can divide up what’s left as two individual piles of disposable income.

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