Merging Your Finances When You Get Married

As a married couple, you are no longer an individual person: you are a team! Part of married life is learning how to merge your finances, since you are no longer living as a single individual. Although merging your finances can seem intimidating, once you know the basics regarding combining your finances once you’re married, it is a relatively simple process to understand. The following are some essential things to do when you want to merge your finances now that you are married.

How to Ease the Financial Merge Transition

It’s important to ease the transition into your financial merge as much as possible. The best way to do this is to go step by step with the following financial transition considerations.

Open a joint checking account

As a married couple, you will need a joint checking account that you both can access for things like bills, shared assets, and so on. To do this, you need to open a joint checking account under both ...