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Though Married, Just Maintain Separate Checking Accounts!

By SiliconIndia   |   Thursday, November 28, 2013
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Bangalore: Married is the most beautiful institution. Getting marriage hold a huge amount of responsibility on both the partners involved in it.

Apart from all the other factors involved in selecting your partner, financial stability could be considered the most essential aspect. Now! This doesn’t mean that both the partnership have to have a single bank account. Considering financial independence in mind, it’s very important to share your spending information with your partner.

Here is few ways on how to share your financial issues with your partner, without keeping your independence at task, listed by --------- of Bankrate.com.

1. Divide Your Monthly Expenses Equally

Most often than not, one spouse would have a higher income than the other. Usually husbands are considered as high income earners than women. In such cases, it’s always better to share the expenses, the spouse with the lesser income will most often feel empowered and the spouse with higher income will not have the burden of paying for all the expense entirely on their own.

So make sure that you maintain a separate checking account so that it helps you in dividing your expense.

Also Read:
11 Expensive Currencies Stronger Than U.S. Dollar
11 Books To Help Children Know The Value Of Money

 


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