Article placement secured as part of a paid partnership with a PR firm that sought various media opportunities for Casey Weade and Howard Bailey.
When it comes to marriage or a long-term domestic partnership, the whole "What's mine is yours" idea isn't always the wisest way to approach your finances.
We asked a few experts for tips every couple should consider before merging their finances.
One way to treat a joint bank account is like a mutual money pot for household bills and other expenses, such as groceries and vacations. Financial planner Casey Weade said he and his wife maintain joint savings accounts for big budget goals like vacations, which they both contribute to equally each month.