The New York Times has up an interesting commentary on the rising number of married couples with separate checking accounts. While admitting that there can be completely valid reasons to keeping separate accounts (for example, second marriages with complex finances and inheritances for the kids involved), David Brooks indicates that separate finances are a sign of a lack of unity and a giving in to the social forces that are pushing Divorce as the solution to marital problems.
In my own extended family, we have seen a NUMBER of disparate monetary styles. Some keep all finances pooled, some keep totally separate accounts, some keep a couple unified accounts and then one separate account each (for personal expenses and christmas gifts) for their "allowance". Each of these style has lead to happy marriages (aside from the trouble that creeps into every human relationship from time to time).
What do our married readers (and contributors) think?
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