Money and Matrimony
: Why married couples with joint bank accounts are happier
Marriages between
co-financiers
may last longer.
Research shows couples who combine their
bank, credit card
, and
investment accounts
are happier over the long run.
Sharing resources also makes it easier for them to reach milestones like
buying a home
and
retirement savings.
Married couples with joint bank accounts not only have better relationships but also dispute less over money.
They also have greater confidence in the
management
of household
finances.
Combining encourages stronger
financial goal
alignment,
transparency
, and a shared view of marriage.
Couples with separate accounts see financial decision-making as more of an
exchange.
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