Our News

After you marry, to what degree should your financial lives be shared?

Many couples who marry also wed their finances together. Whether they partly or fully merge their finances, many couples may see more advantages than disadvantages to taking this step.

Some young married couples decide to create joint accounts early. Without a joint checking or savings account, the matter of how to pay for a big purchase gets tricky. Even paying the bills can get complicated.

Still, you may want multiple checking and savings accounts between you. You might wish to retain your existing individual accounts. Just as there are times when you or your spouse need some physical space, you could also need some personal financial space.

Personal financial space should not breed secrecy, however. In the worst case scenario, individual bank, checking, or credit accounts are used to mask bad spending habits or hide large personal debts. Secrecy can lead to arguments, especially if one spouse’s financial issue affects the household finances.

Do you have some goals you would like to plan for together? Do you have questions about combining aspects of your finances? Call or email me, so that I can help the two of you plan.


Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through Patriot Financial Group, a registered investment advisor. Patriot Financial Group and Summit Star Financial are separate entities from LPL Financial.

The information contained in this e-mail message is being transmitted to and is intended for the use of only the individual(s) to whom it is addressed. If the reader of this message is not the intended recipient, you are hereby advised that any dissemination, distribution or copying of this message is strictly prohibited. If you have received this message in error, please immediately delete.

*Please note: This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect taxes, inflation, or the deduction of fees and charges inherent to investing.

Stock investing involves risk including loss of principal. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price

This material was prepared for John A. Gordon and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note: Investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting, or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax, or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Tracking # 1-643628