EP: 013 Love & Money: How Joint Bank Accounts Help Your Marriage w/ Jenny Olson

Merging your finances and having joint bank accounts when you get engaged or married might seem like a good idea.  But it turns out that it's actually backed by science as well!I sat down with Jenny Olson, Assistant Professor of Marketing at Indiana University's Kelley School of Business to discuss her work around all things couples and money, but specifically...Combining finances and joint bank accounts.The reasons joint bank accounts are beneficial to relationships.The Connubial Crucible (aka the first 2 years of marriage).Financial Infidelity and the impact on a relationship..... and much more.READ+LISTEN+LEARN: If you want to dig into the research and check out Jenny and her colleague's studies you can find them here: "Common Cents: Bank Account Structure and Couples' Relationship Dynamics""Loves, Lies & Money: Financial Infidelity in Romantic Relationships" Jenny also recommends: "Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships", by Scott Rick  "The All-or-Nothing Marriage: How the Best Marriages Work", by Eli J. Finkle WELLBEING: Jenny loves "artisanal lattes and reflections at coffee shops", writing poetry and posting on Instagram (which was great to hear coming from a behavioral scientist!)FIND HER AT: www.jennyginolson.comABOUT ME:My name is Jim Grace and I am a CFP®️ (Certified Financial Planner) and the Director of Wealth Management at Silver Pine Capital, LLC. (www.silverpinecapital.com) a registered investment advisory firm in Medfield, Massachusetts. ​In my spare time I host a podcast and write about Financial Wellness & Wellbeing.  Check out some of my other work @  www.ModernFinancialWellness.com. On the website I try to unpack each episode a little further and also spotlight any other resources I think might be helpful to anyone trying to feel better about their finances. https://www.instagram.com/modernfinancialwellness/