The 3 most common ways couples arrange their finances
(1) All Joint: everything goes into one pot, and everything comes out of the same pot. 🤝
(2) All Separate: each person has their own pot that they pay into and take out of. You can still split expenses; each person just pays their share from their own pot. 🙌
(3) Mixed: some shared pots, some separate pots. Common structures include each person (a) putting an equal amount or (b) equal percentage of their income into the shared pot. 🤲
Each option has pros and cons. ⚖️
Which one do you like best, and why? 📣
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Adam Kol is The Couples Financial Coach. He helps couples go from financial overwhelm or fighting to clarity, teamwork, and peace of mind.
Adam is a Certified Financial Therapist™, Certified Mediator, and Tax Attorney with a Duke Law degree and a Master's in Tax Law from NYU. He is a husband, dad, and musician, as well.
Adam's wisdom has been shared with The Wall Street Journal, the Baltimore Ravens, CNBC, NewsNation, and more.