Do Not Rush to Combine Finances in a Relationship.
There are many good reasons for pooling finance. This can make budgeting easier. This can be part of a commitment to a serious relationship. But pooling finance too quickly can be problematic.
GOBankingRates notes:
Obviously, bill sharing is problematic when a breakup happens, but it can also cause relationship problems while you’re together. A joint account can lead to frequent disputes if one person spends more than they should or spend money unwisely.
This is not to say that you should never pool your finances, or that pooling finances altogether is a bad idea. The point is that this decision should not be taken lightly. Before you do this, make sure you know your partner’s money-spending habits. Ask them about their debts and credit history. Come up with a detailed plan for budgeting, saving and paying off debts.
Some people argue that couples who don’t match finances are doomed. Don’t let this force you to share your financial life with someone until you’re ready. If you’re not already on the same financial page, it can make matters worse.
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7 Worst Money Mistakes People Make in the Name of Love | GOBankingRates