Since this is a lovely community where we talk about finance, I was really trying to get the take of some married people about what they feel about the combination of finance as a couple. Really, different people coming together to make up marriage might come into it with different ideas about finance, different tactics and completely different principles so the combination of money for couples might occur differently with different ideas.
If we had asked our parents and grandparents about how they had handled finance as a coupe back in the day we will realize that it is a completely different approach from what we have in our own time, back then it was majorly the groom who looked for ways to get money that the family needs for survival while the wife basically just stayed back at home taking care of the family but in this present age and time, women are no longer stay home Mums, they go out to fend for the family and are most likely to even be the bread winners of the family.
I heard a couple say they keep their finances separate because it gives them the liberation to get whatever they want without being questioned about it, they still want that feeling of independence even while they are married so they want to take full control of how their finance should go to.
As a couple, there are good sides to combining income together. When you have your money together, it helps you achieve more financial goals then when you walk towards it personally, there could be a sudden lay off at work and that is when there is a realization of how good it is to combine finance with your partner.
While sharing finances with your partner can help you know what money is being spent on, it also boosts the love in your relationship. Statistically, a lot of couple that have their finances separately, usually end up having money problems which often leads to divorce.
The idea of combining money with your partner does not necessarily mean you should give all that you earn, if you are not comfortable with that idea you both could take up responsibilities within the home and have a certain percentage of your income going into a particular savings account that you both share. That way money issues will not be a barrier in the home, when there is a clear understanding about money.
