EP: 013 Love & Money: How Joint Bank Accounts Help Your Marriage w/ Jenny Olson
Merging your finances and having joint bank accounts when you get engaged or married might seem like a good idea. But it turns out that it's actually backed by science as well!
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Merging your finances and having joint bank accounts when you get engaged or married might seem like a good idea. But it turns out that it's actually backed by science as well!
I sat down with Jenny Olson, Assistant Professor of Marketing at Indiana University's Kelley School of Business to discuss her work around all things couples and money, but specifically...
- Combining finances and joint bank accounts.
- The reasons joint bank accounts are beneficial to relationships.
- The Connubial Crucible (aka the first 2 years of marriage).
- Financial Infidelity and the impact on a relationship.
.... and much more.
CHECK OUT THE FULL CONVERSATION HERE:
AUDIO IS ALSO NOW AVAILABE HERE:
Spotify, Apple Podcasts or wherever you download your podcasts (most likely)
READ+LISTEN+LEARN
If you want to dig into the research and check out Jenny and her colleague's work you can find a few studies here:
- "Common Cents: Bank Account Structure and Couples' Relationship Dynamics"
- "Loves, Lies & Money: Financial Infidelity in Romantic Relationships"
Jenny also recommends:
- "Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships", by Scott Rick
- "The All-or-Nothing Marriage: How the Best Marriages Work", by Eli J. Finkle
WELLBEING:
- Jenny loves "artisanal lattes and reflections at coffee shops", writing poetry and posting on Instagram (which was great to hear coming from a behavioral scientist!)
FIND HER AT: