A short video by Ramit Sethi arguing that couples should probably combine finances. He cites research linking combined finances to better outcomes—especially greater relationship satisfaction for lower-income couples—and gives reasons: it creates teamwork, enables a shared "rich life" vision, helps reach bigger goals, and provides a safety net if one partner loses a job.
Should you combine your finances? The short answer? You probably should. There's good research indicating that you find better outcomes when you combine your finances, including greater relationship satisfaction, especially among couples with low household income. Now, why does combining your finances lead to increased relationship satisfaction? Well, you're going to feel like you're part of a team. You're going to design a shared rich life vision. You're going to be able to work towards bigger goals. Rich rather than how much money can we afford to spend on bread? And you're going to have support in case something happens, like one person loses their job.
