Combining finances as a newly married couple often involves trial and error to determine what works best for you. It’s important to talk through how you’ll manage bank accounts, daily spending, budgeting, and more—ideally before walking down the aisle. While these conversations can be challen...
Another method is creating a joint bank account for all shared costs. Each party can keep their own money but allocate some of it to a household account. This can be used to pay rent, mortgage, groceries, and large shared purchases. These hybrid options allow for flexibility in both sharing...