Managing Personal Finances in the Context of Marriage

Mika

VIP Contributor
One of the major issues in a couple’s life is managing finances. If expenses is a shared responsibilities, it will be some what easier to manage finances. One easy way to do it is by creating a joint bank account with your partner for managing your expenses as well saving jointly. This not only simplifies expense management but also facilitates saving for the future. You can also use your joint saving account for investment. When two people save money, it will always be bigger than when one person saves money. Depending on how much they earn either they can save equal amount or save based on the proportion of their earnings. This kind of arrangement makes financial planning easier.
 
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