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Money Myth: We Don't Need to Combine Finances
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In this episode, I discuss this common myth that dooms couples with their finances and relationship. Are couples that combine their finances happier? Are couples that combine finances less likely to break up? How does combining finances improve your relationship? Listen to find out.
Action Steps:
1) Combine your finances with your spouse and eliminate all individually held checking and savings accounts.
2) Have fun money that each spouse gets to spend on whatever they want each month with no questions asked. Use cash for your fun money.
Resources:
Pooling Finances and Relationship Satisfaction
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