Should couples have separate or joint bank account?

Joint bank accounts allow couples to manage budgets together, monitor spending and save for shared goals. But they aren’t right for every couple. And you don’t have to go with an all-or-nothing approach, either. You can have a joint account without merging all your finances.

Here’s what you should consider before deciding whether a joint account, separate account or a blend of both is right for your relationship:

Banking statistics for couples

38 percent of couples in committed relationships use exclusively joint bank accounts.

More than one-third of couples (34 percent) have a mix of joint and separate bank accounts, while 27 percent have completely separate accounts.

40 percent of coupled U.S. adults say they have committed some form of financial infidelity, the most common of which