This is the first paper to draw a causal link between how couples set up their banking accounts and the impacts on the quality of the relationship.
Joint bank accounts might be the spice of life. According to the authors of a new research paper published earlier this year, couples who want their honeymoon to last longer might want to merge all of their bank accounts into joint accounts.
What is particularly striking about this research is that it is the first paper to draw a causal link between how couples set up their bank accounts and the impacts on the quality of the relationship. Prior research had already found that couples who kept separate bank accounts experienced lower relationship satisfaction and were more likely to break up than joint-account holders, but those papers showed correlation, not causation.
So what is it about joint bank accounts that can change the dynamics of a relationship? The researchers propose three potential mechanisms: improved feelings about money management, financial goal alignment and sustained adherence to communal norms. The paper’s lead author, Dr. Jenny Olson, notes, “We fully acknowledge that joint accounts may not be ideal for all couples. For example, partners entering second marriages, those with children from previous relationships, older couples – essentially, those with relatively more complex financial histories than first-time newlyweds.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Gatineau man, 19, charged with first-degree murder in the city's first homicide of 2023Gatineau police say Jano Gravelle, 58, died in hospital after a shooting in the area of boulevard Montclair and boulevard St-Joseph in the Hull sector on Tuesday.
Lire la suite »
Members from several First Nations rally against northern Ontario mining plansTORONTO — Members of several First Nations rallied outside the Ontario legislature Thursday to raise concerns about mining exploration they say is happening on…
Lire la suite »
Commissionaires Ottawa Open: Choi, Shaun share first-round leadBogey\u002Dfree rounds gave Sam Choi and Corey Shaun a share of the first\u002Dround lead at the Commissionaires Ottawa Open at Eagle Creek Thursday.
Lire la suite »
China’s first-ever lithium futures tumble on trading debutChina’s first-ever futures for lithium — an essential ingredient for electric vehicle batteries — got off to a rocky start in their first day of trading. Lithium carbonate on the Guangzhou Futures Exchange fell below the base settlement price of 246 000 yuan ($34 263) a ton on Friday, data from the bourse show. Contracts for January delivery plunged to as low as 215 000 yuan, before paring losses to trade around 11% lower. Those for February to July sank by the first-day limit of 14%.
Lire la suite »
Canada Goose launches its first sneaker: Rugged luxury ready for all types of terrainA waterproof shoe with a fierce silhouette
Lire la suite »