Money and Marriage: Financial Shifts You Need to Know

• Marriage transforms money from a personal issue to a shared responsibility, even with separate accounts.
• Financially, living together is often cheaper, and marriage encourages long-term financial planning.
• Couples benefit from improved credit access, an income cushion during crises, and clearer insurance decisions.
• Marriage can foster financial honesty, leading to better awareness of spending and simpler administrative processes.
• Risks include clashing money habits, shared financial liabilities, potential loss of financial independence, and the significant costs of separation.

Why It Matters: Marriage fundamentally alters financial dynamics, requiring open communication and shared responsibility for success.