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399 | Money with Katie | Katie Gatti

ChooseFI

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How Do I Combine My Finances?

Paul Merriman: FIE is what does my life cost? Times 25. There's just a lot of comfort and certainty in that, even if again, it is a rule of thumb. My wife and I immediately combined our finances and it was kind of like a no brainer for us. The only thing that I would caution to what I'll kind of call the roommate model of money and marriage is that it's okay if you guys decide that what works best for you Is to determine your joint expenses to allocate whether it's the same amount each.

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