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However, unlike what you might believe, there isnt just one way to go about it.

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As it turns out, you have some options.

According to experts, it all comes down to what works best for you.

Below are some ways forcombining finances with your partner.

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Clear financial goalsis another advantage.

Simplifying goals is easier when both end up contributing into the same account, said Milo.

This would allow for some level of balance between being a collective and having individual identities.

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Here, each spouse can handle their own earnings, outgoings as well as savings without their spouses intervention.

Milo observed theres alsoclear cut finance: There is no ambiguity on who owns what within the couple.

Separation of finances can foster autonomy and lessen financial strain on couples that havedivergent financial upbringing, said Milo.

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