After you've said "I do," it's time to start your life as husband and wife. Even though being a newlywed is no doubt exciting, there are still a lot of decisions to make, and what to do with your money should be pretty high on that list. Since times have changed since our parents got married, merging your bank accounts is no longer the obvious choice when it comes to financial planning.
on Yahoo! |
When you get married, it can feel so amazing to be in love and start your two-person family; but, it can also bring up a lot of questions, especially about money. In my parents' generation, it was just assumed that your finances would be combined, but things are a little different now. Since so many relationships are, unfortunately, ending in divorce, people want to have separate accounts (and sometimes sign a prenup) so they're protected — just in case. 
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