Couples and Money: When You Need to Take Charge of Your Joint Spending

This Element is an excerpt from Easy Money: How to Simplify Your Finances and Get What You Want Out of Life (9780132383837), by Liz Pulliam Weston. Available in print and digital formats.

Finding the most effective way for you to manage your finances as a couple.

There’s no one right way for couples to handle money. You don’t have to do it the way your parents did, or your friends do, or the way you did it during your first marriage. What’s important is creating a system that works for the two of you now, as a couple. However, certain approaches do tend to work better for most people…