Get Started Investing

← Get Started Investing17 aug · 34 min

How should couples manage money and invest? A financial adviser explains

How should couples manage money and invest? A financial adviser explains17 aug34 min

Joint accounts or separate? Split bills 50/50? Invest together or keep it separate?

Ask five couples how they manage money and you'll probably get five different answers.

After buying her first home with her partner, Jess put the question to the Get Started Investing community and quickly realised there were plenty of different approaches. So she sat down with financial adviser Glen Hare to hear what he sees working best for the couples he advises, and how they navigate everything from bank accounts and budgeting to shared goals, different money personalities (saver v spender) and building a financial life together.

Plus, producer Soph calls in from her honeymoon with a question many newlyweds face: should married couples combine their investments, or keep investing separately?

Chapters:

00:00:00 How Should Couples Manage Money?

00:03:00 Separate Or Combine Your Finances?

00:07:30 When Separate Money Stops Working

00:12:53 Getting On The Same Financial Page

00:15:15 When One Partner Hates Talking Money

00:19:14 Should Couples Invest Together?

00:23:30 The Tax Trap When Combining Investments