Tag Archives: sylvia lim

Should Couples Have Joint or Sole Finances?

Unlike couples of the Baby Boomer generation, where sharing a bank account was nothing out of the ordinary, young couples today have quite different financial needs and attitudes toward their accounts. According to a poll conducted by RBC in Canada near the end of 2009, only 10 percent of Gen X/Gen Y couples between 18 and 35 hold all of their financial accounts and products jointly. Is this the right way to approach couples’ finances?

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