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Discussing Financial Plans with Spouse
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[QUOTE="raaman, post: 340534, member: 23419"] Newly married couple, when they have conversations on financial planning, it strengthens their bond, and ensures that they are both rowing in the same direction. You need to remember, a shared financial vision is powerful glue in a marriage. When you plan together with your spouse, you both grow together, emotionally and financially, and it easily turns aspirations into achievable targets. In managing finances after marriage, choosing between joint and separate bank accounts is an essential decision for all newlyweds. Joint bank accounts encourage unity and straightforward management of shared expenses, fostering a deeper connection. They also mean shared responsibility for debts and financial decisions. On the other hand, separate bank accounts offer personal financial independence and might suit those with distinct spending styles. [/QUOTE]
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