”If you’re married, “my money” and “your money” doesn’t exist. It’s our money” – American finance expert, Dave Ramsey says

American radio personality and finance expert, Dave Ramsey, has said that there is nothing like “my money” and “your money” in marriage.

The author, who stated this in a Facebook post on Valentine’s Day, said a marriage unites two people so when a couple maintains separate bank accounts it can lead to a lack of trust, fights and a weaker relationship. 

“If you’re married, “my money” and “your money” doesn’t exist. It’s “our money.” And that’s the only way to win,” he wrote.

Marriage is about unity. But when couples keep their money separate, they act like roommates instead of a team.

This can lead to: Lack of trust, Money fights, Hidden spending, A weaker marriage

And couples split their money for all kinds of reasons:

“I don’t want to fight about money.”

“I make more, so I should control it.”

“We have different spending habits.”

“I don’t want to lose my independence.”

But these are just symptoms of a bigger problem.

Marriage isn’t 50/50. It’s 100/100. That includes your money, decisions, and future. If you don’t trust each other with your finances, you have a relationship problem—not a money problem.

Here’s how to get on the same page about money in your marriage:

—Combine your bank accounts. No more “mine” and “yours.” Just “ours.”

—Create a budget together. Every dollar has a job, and you both decide.

—Set shared financial goals. Debt-free? Homeownership? Early retirement? Dream together.

—Communicate regularly. Have weekly money check-ins so there are no surprises.

When you and your spouse get on the same page financially, you’ll build a stronger marriage and a better future—together.