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.com

ABOUT 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/