NerdWallet: Afraid to mix love and money? Here’s how to make it work

This article is reprinted by permission from NerdWallet.

As a millennial couple, you and your partner might not be planning to blend finances even if you’ve been together for a while.

Venmo is convenient, after all; the peer-to-peer money transfer app makes it easy to split costs like rent and utilities. Or perhaps you’ve each agreed to pay specific bills while keeping separate bank accounts.

See: This is how Venmo is ruining relationships

In a Bank of America BAC, +1.45% report released last year, 28% of couples between the ages of 23 and 37 surveyed said they kept their finances separate.

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