Money matters in the realm of shared life! It is very likely that couples and families experience financial problems at one or other point during their life together. It is not surprising that having financial problems is the fourth most common reason for divorce shortly following infidelity, communication breakdown and physical and emotional violence. How couples organise their financial relationship is therefore not a trivial matter. I have discussed this with many of my friends and acquaintances and it seems that there are four main options.
Four Ways to Organise Family Finances (and Why We Share All)
Deciding how to organise family finances is not as straightforward as it used to be. My mum and dad, for example, didn’t need to make complex decisions about that: my dad worked, my mum looked after the children and all money was shared. There is also the part where my…