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Separate Finances in Marriage

The New Normal of Separate Finances: A Marriage of Convenience The notion that married couples should merge their finances into a single joint account has given way to a trend among younger generations.

According to Fidelity Investments, only about 4 in 10 couples now share bank accounts, with nearly 1 in 5 keeping everything separate – a trend more than doubled since 2018.

This shift towards financial independence may seem counterintuitive, especially given the conventional wisdom that joint accounts symbolize unity and partnership.

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