To combine or not combine: That’s the essential question when it comes to couples and their finances — particularly bank accounts.
No matter the decision, it pays to know the potential pitfalls — and talk about them. For couples who share joint accounts, conflict can arise when one partner spends heavily and the other likes to save, or if one overly monitors spending, says psychotherapist Nicolle Osequeda of Chicago. To read more from Amber Murakami-Fester, click here.