3 Ways That Having Shared Bank Accounts Will Benefit Your Marriage

Have you spent time recently trying to figure out what the key is to a successful and prosperous marriage? We’ll let you in on a little secret, right up front.

The single most important thing that you need, in order to have the marriage of your dreams, can be summed up in one word, Unity.

In the book of Ephesians, it states

“A man leaves his father and mother and is joined to his wife, and the two are united into one.”

Covenants Not Contracts

On the day of your wedding, when you exchanged vows, you made a covenantal agreement before God.

All too often though, many marriages operate more on a contractual agreement instead of a covenantal bond. There is no place where this is shown more clearly, then in the way many marriages operate financially.

Many couples are willing to unite as one in every area of their marriage EXCEPT their finances.

More often than not, marriages today tend to operate under the philosophy of having, “His and Her Money”.

The husband has his money to live his life with, while the wife has her secret stash that allows her to do what she pleases with her money.

Instead of having the entirety of their income jointly together, they combine parts of it together to pay bills and keep the rest for themselves individually. Where is the unity in that?

That sounds more like a business partnership, instead of covenantal union.

Marriage shouldn’t be about two people negotiating their way through life, but instead it should be two people doing life together on one accord.

This is especially true when it comes to their money.

The Unified Front

At no point have we ever operated with anything other than a unified front financially. From day one, every single penny that has come into our household has been combined.

There are three important ways that having shared bank accounts will benefit your marriage, and we’ll outline them for you.

Continue reading here on Thrifty Little Mom.