Video
Should Couples Merge Finances?
Levine advises on merging finances: subjective choice, prioritize honesty, consider tax implications, wealth differences.
Should Couples Merge Finances? In this episode of "Ask The Hammer," Jeffrey Levine from Buckingham addresses a question about the impact of merging finances on marital satisfaction. He emphasizes that this is more of an opinion-based issue, as there is no definitive right or wrong answer. Levine highlights the importance of financial honesty in a relationship, stating that it doesn't necessarily mean all finances must be merged into joint accounts. He notes that there are various reasons, including tax implications and differences in wealth or income, why couples might choose to keep some accounts separate, especially if they marry later in life. To see more episodes of Ask The Hammer, please click on this link: https://www.finstream.tv/videos/ask-the-hammer/
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