What is the Money Date? A weekly time to check in. 3 things we review and update: 1. Spending 2. Earning 3. Savings
Only about 18% of couples keep their finances separately, according to 2016 data research from LearnVest.
What I want to point out is that it doesn’t matter where you are in your relationship: just starting out, been together forever, or somewhere in between … there is always an opportunity to change, adjust, and start all over.
In this MoneyDate, we’ll review these options for a couple’s finances:
• What’s mine is yours, what’s yours is mine (Combine everything together)
• Keeping my independence
You’ll learn different options within these two choices and some important details you’ll need to think about, including emergency savings and cohabitation agreements.
The choice is yours! There is no one right way to do it. The best approach is what works for you. Be open about and have frequent Money Dates!