Separate accounts can be very helpful. They make it easy to see who’s spending what. But they can also open the door to hidden spending and other secrets that are the core of financial infidelity. Remember, strong financial communication is based in partnership. If you’re going to have separate accounts make sure you keep each other up-to-date as to where that money’s going.
Read the entire Money Couple Minute on separate accounts. Discover the simple tools you can use to help keep your financial relationship on track whether you decide to use separate accounts or not.