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Couples finances: Combine or keep separate? – Sydney Morning Herald

Joint accounts work well where the couple forms at a relatively young age with the intention of starting a family.

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However, joint finances can be less appealing for couples coming together later in life.
Perhaps one member of the couple has significant assets while the other comes into the relationship with debts. It could also be that one partner is divorced and has ongoing child-maintenance obligations which their new partner does not wish to share.
For couples who want to keep some of their finances separate, one successful approach is to have a joint household account into which they each contribute, say,…

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