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Money

Good Question: Should Couples Have Separate Bank Accounts?

One of the biggest things couples fight about is money. A recent study by Harris Interactive for the American Institute of CPAs found the three biggest money-related arguments: wants vs. needs, unexpected expenses and insufficient savings. So that had us wondering: Should men and women have separate bank accounts? According to Nicole Middendorf, financial analyst and CEO of Prosperwell Financial, the answer is usually ‘yes.’ “Because, otherwise, I tend to find people fight too much,” she said. “We are generally so busy in our lives that we don’t take the time to communicate, especially about something that’s not fun to communicate about.”

11/11/2013

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