Consolidating finances when marrying


31-Aug-2020 05:41

We started out immediately with separate bank accounts, to which our income was direct deposited.

From there, we determined what out average monthly living expenses were, added a small cushion, and then each set up a second direct deposit of an equal 50% to cover those joint living expenses.

As financial problems are the #1 reason for divorce, the importance of doing so should not be overlooked.So what, then is a person to do when faced with the prospect of combining their finances with another person’s?



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