Consolidating finaces when marrying

For those who live separately before getting married, the notion of combining homes or apartments is one of the best financial perks of marriage.

By consolidating to a single mortgage or rent payment you can save hundreds of dollars each month.

That other voice of reason can sometimes help save you from bad money choices.

Wise Bread is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to One will matter some day, and with 8, the only benefit that we know of is the single return - we are not paying more in taxes, and we use tax-prep software anyway.

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@David - yeah if you don't see eye to eye on spending/saving habits that can certainly cause some tension.While everyone likes to splurge on purchases every once in a while, doing so too often can put a big dent in your bank account.If you know your spouse is going to see a big charge on your card or debit from your bank account you may be less likely to spend money on something you don't really need.Since marriage usually means moving in together, you only have to pay property taxes on a single property instead of two.Filing your taxes can cost a chunk of change if you hire an accountant.

Consolidating finaces when marrying