I was inspired by this article: “Separate Money Sane Marriage,” and it leads me to ask a question for those of you that might read this blog post. Separate finances vs. Shared finances? What are the pros and cons? I have resisted from doing a google search for everything the experts say. Partly because I think that the experts will be on both sides, and honestly I think that it is different for each couple or partnership. What works for one might not work for another.
I lean on the side of shared finances. I say that because it has worked for us. Maybe it is because of our communication style to talk about everything, including our finances. Maybe it is because when we got married we were broke, in debt, and we worked together to get out of debt, pay off credit cards, and student loans. It evolved into the idea for every facet of our lives: “What is yours is mine, what is mine is yours.” There are ebbs and flows when things we decide for Chris are more expensive or vice versa. That is part of marriage, part of life.
I can respect those that keep their finances separate, but I want to understand more about why. I know for some they might get married when they are older, and just prefer to continue to live their financial life as they have throughout the years. Why do others make that choice? What are the pros and cons?
I am curious to hear what you think! Feel free to leave a comment with your thoughts.

