More Married Couples Using Separate Checking Accounts

CBS Boston

[worldnow id=9634244 width=385 height=288 type=video]

BOSTON (CBS) – Couples used to say “What’s mine is yours, and what’s yours is mine.”

That’s all changing when it comes to money, which is one of the key causes of disputes in relationships.

“No matter what level you are at, there is generally never quite enough for what everybody wants to do. So I would say that it is a rare couple when there isn’t some level of tension around spending,” Newton-based financial planner Dana Levit explained.

More couples say they’re calming things down by going their own way financially.

“Independence is important,” said one young woman waiting for a plane at Logan Airport.

A survey by American Express found 66 percent of married couples still have joint checking accounts, and 51 percent percent have joint savings.

One married man downplayed the benefits of splitting finances, believing it is important for him and…

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