Thursday, November 21, 2019

Survey 30% of couples talk about money on a daily basis

Survey 30% of couples talk about money on a daily basisSurvey 30% of couples talk about money on a daily basisResearch has found that 1/3 of married couples fight over money monthly, but morerecent data from Lexington Law shows that 30% of couples talk money every day.But while 53% said they have a joint bank account with their romantic partner, 47% said they do not.Our study found that overall age made the largest impact on how a couple shares and views their collective finances. Those that are older and more established are much more likely to have joint accounts and share debts and assets, while younger Millennials are much more likely to keep their financial lives fairly separate from their significant others,Lexington Law reported.The site then went on to report that older people surveyed had a higher chance of talking money more often, which makes sense given that financial issues seem to more directly impact their partnership than in other age groups.The company polled 1,500 A mericans for the research.Heres how often couples talk about cashThe results show that less than 10% surveyed discuss it annuallyWeekly 40%Daily 30%Monthly 22%Yearly 8%It also found that 50% say they share debts with their romantic partner, while 50% say they do not.Heres how couples divide their moneyCheck out the breakdownWe share everything 55%An Even Split 25%One person pays for everything 14%Based on income 6%All in all, these findings echo earlierdata from Fidelity showing that 64% of Americans know their partners bank passwords.

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