Suze Orman: Don't get a joint bank account. Here's how couples should budget their money

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Suze Orman: Don't get a joint bank account. Here's how couples should budget their money investinyou (In partnership with acorns.)

Sharing bank accounts with your partner may make your budget issues even worse, according to Suze Orman, host of the "Women & Money" podcast.The bestselling author and her partner, K.T., short for Kathy Travis, have been together for around 20 years, and have never opened a joint bank account.

Orman recommends using a simple equation to determine how much money each person will contribute to household expenses. Check out this video to learn how to split finances in a way that will be fair to both partners.

 

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