Setting up a joint bank account is a pretty standard move for most couples, but things start to get a little dicey when it comes to credit cards. Many consumers are confused about what happens to their credit when they get married. Here are some of the most widely-held myths.
Though 82% of couples surveyed say they've never kept a spending secret from their partner, that still leaves a lot of people using all sorts of tricks to hide purchases. Are you being totally honest with your honey about money?
As my wedding day approaches, I am beginning to understand that marriage is not just a union of love; it's also a joint venture that includes the combining of financial assets. Cue the discussion of ... The Shared Bank Account.
Modern couples are bringing more assets into their marriages -- and more liabilities too including credit card debt, student loans and mortgages. It may be unromantic, and the subject of a prenuptial agreement is fraught with emotional peril, but here's why it's worth discussing.
