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After walking down the aisle, couples often see combining finances as the obvious next step. But times are changing, and some financial “rules” are meant to be broken.
A recent report by Bank of America showed that while 13 percent of baby boomer couples maintain separate finances, 28 percent of millennials keep their money separate.
For some couples, maintaining separate bank accounts, credit cards and budgets is simply a matter of convenience. For others, it can provide a greater sense of personal security and harmony in their marriage.
That seems to be especially true for women. Here’s why these six married women bucked tradition and maintain separate finances from their spouses:
1. Because my partner’s been burned in the past.
“My partner and I have been together for eight years. I send half of all the bill money to her account every month. One reason we have done this is due to her past relationship, where finances were combined and upon separation, she had to eventually file for bankruptcy due to her previous spouse getting a car in her name. She suffers from anxiety, and one of her triggers is finances. By us keeping them separate, she can ensure all the household bills are paid and everything is in good standing. It has worked, and we never have arguments over finances. Even though our finances are separate, we don’t worry about who pays for what or how the money is spent.” ― Raigan
2. Because it’s easier.
“Pure laziness. We have bills each person is responsible for and it’s easier for us to keep it all how we are used to than to do math
