Get Up & Go Morning Show

Should you have joint bank accounts?

Photo: clipart.com, WYXL 97.3 Lite Rock

Should you have joint bank accounts?

When you’re in a committed relationship, some things can be combined and others should remain separate…like your Facebook accounts.

According to a new study out of Indiana University, one secret to a longer, happier relationship may be consolidating your finances.

The study followed 230 engaged or newly-married couples across two years.

Some couples were asked to keep separate bank accounts, others were told to open a joint bank account and a third group could choose for themselves.

The couples who opened joint bank accounts reported significantly higher relationship quality than those who kept separate accounts.

The researchers believe this shows that merging finances leads to “aligned financial goals, increased transparency, and a shared understanding of marital responsibilities.”

We like a joint account for the bulk of the money with separate accounts for each to have some “fun money” they can use however they want…what say you?

Podcasts

Is your kid’s backpack TOO heavy?

Are your kids’ backpacks TOO heavy?

Nine ways to live a long, healthy life

Nine ways to live a long, happy, healthy life

Children’s vision and back to school

Your back-to-school checklist should include an eye exam

CarEdge’s Ray Shefska

CarEdge co-founder Ray Shefska

“Resilience” author Samite

“Resilience” wraps up the Hangar Theatre season this weekend

More Podcasts

Recent Headlines

2 hours ago in Entertainment, Music

YouTube sensation Ms. Rachel announces debut album with Mr. Aron, ‘I’m So Happy’

Parents of toddlers everywhere, prepare yourselves. YouTube sensation and music teacher Ms. Rachel and her husband, Aron Accurso, will release their debut album, the 23-track "I'm So Happy," on Sept. 25.

2 hours ago in Entertainment, Music

Blues ‘enthusiast’ Morgan Freeman’s album covers 100 years of the genre

It happened out of necessity. Academy Award-winner Morgan Freeman was in Clarksdale, Mississippi, 25 years ago when some out-of-towners asked where they could hear blues music. Musicians were abundant; venues were not.

6 hours ago in Entertainment, Regional, Sports

Rumble Ponies look to extend win streak in Portland

Binghamton has won seven straight games.

20 hours ago in Entertainment

Ben Jones, good ol’ boy ‘Dukes of Hazzard’ actor and 2-term US House member, dies at 84

Ben Jones, who played the good ol' boy mechanic in "The Dukes of Hazzard" TV series and parlayed his fame into a political career and two terms in the U.S. House, has died. He was 84.

20 hours ago in Entertainment

Blink-182’s Travis Barker almost died. A new documentary celebrates his life before and after

The inferno rages onscreen three minutes into " Travis Barker: Louder Than Fear." Dashcam footage lifted from a police car shows the blaze: It's 2008, and Barker has survived a plane crash in South Carolina. Four others did not.