Maybe just having a joint account isn’t a good idea. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
“The magic number for marital financial bliss is a mere $400.
That's how much, on average, that couples said it's all right to spend without first talking to a partner, according to a new survey of 1,500 couples by Ameriprise Financial. That threshold grew with age, rising from $100 among millennial couples to $500 for boomers. A third of the couples surveyed didn't set a number.
Almost 70 percent of the partners said their communication around finances was good. Across generations, boomers were "most likely to say that their communication is perfect," said Marcy Keckler, vice president of financial advice strategy at Ameriprise. (Hey, they've had more time to practice.)
Not everyone was perfect. Five percent of couples copped to having a hidden account that partners doesn't know about. And 30 percent argued about money at least once a month—often about a major purchase or spending habit—though 82 percent said that they could resolve the disagreement and move on.”
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Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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