Love and money don’t always co-exist peacefully. Joint accounts are a big decision and not to be undertaken lightly. In an age of high relationship breakdown rates it can be quite scary to consider merging one’s finances completely. Yet let’s not disregard those lucky enough to be in a secure, long-term relationship.
If you are sure your relationship will ‘last the distance’ you could form a complete financial union. Uniting money and having joint bank and credit accounts can help achieve your joint financial long term goals. This article explores the positives and negatives of a complete financial union.