Money is one of the biggest stressors in a relationship. There’s no one right way to handle finances in marriage, and the best choice is ultimately what works for you and your spouse. Although some of us want to go into a marriage sharing everything, smart financial planning actually dictates that you don’t have to… and in many cases shouldn’t. Here’s a system many couples start with.
In the “three pots” system, each spouse contributes money to one money “pot” for household expenses, and his or her own “pot” for individual expenses. No one gives up their independence …Read More