Gen Z couples are more likely than older generations to keep finances separate. Here's why
Publishing timestamp: 2024-02-08 14:31:56
Summary
The article discusses the varying ways in which couples handle their finances, with some choosing to completely combine their finances and others keeping them separate. It highlights that Gen Z adults are more likely to keep their finances separate, while baby boomers are more likely to fully combine their finances. The article also mentions the anxiety some people have about losing their financial independence and the potential reasons why lower-income households may be more likely to keep their finances separate. It suggests that a "yours, mine, and ours" approach to finances can be a healthy way for couples to manage their money. The article also touches on the importance of open and honest discussions about money in relationships.
Sentiment: NEUTRAL
Tickers: BFH,
Keywords: bread financial holdings inc, business news, personal loans, couples, banks, lifestyle, social issues, personal finance,
Source: https://www.cnbc.com/2024/02/08/why-gen-z-couples-tend-to-keep-finances-separate.html