QoD: Do more couples in a relationship manage their finances jointly OR separately from their partner?
- Which do you think will make more sense for you in future relationships: managing financial accounts together as a couple or separately? Explain.
- For those couples who manage their money jointly, what do you think can be causes of stress?
- For those who manage their money separately, what can be sources of tension?
- Do you think that it's important for a couple to have similar attitudes about money? Why or why not?
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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