Our Newlywed Money Dilemma

We just got married. How should we manage our finances?

By Jessica Grose

Illustration by Rob Donnelly. Click image to expand.

The other night my husband and I were reading side by side in bed, on the fresh patterned sheets purchased for us as a wedding present. Mike put down the paperback he was reading and leaned over to ask: "Hey, can you write me a check for half the rent? It’s almost the end of the month."

"Of course," I said, as I’ve been saying for four years now. Since we moved in together, we’ve split the rent and, in a slightly haphazard way, the rest of our shared expenses as well. Before we got married, this felt obvious. We earn roughly the same amount, and we are each lucky enough to have no debt.

After we got married in June, though, I felt the urge to merge financially. We’d never discussed a money meld before, and I hadn’t really thought it through; I just figured that was what grown-up married people did. Starting with my parents.

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