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Money and Couples: How to design a relationship for increased savings and happiness

You are sharing a life, a home and your pocketbook with your significant other, and maybe even some kids. Among all of the things you could fight about with your significant other, financial disagreements are a major source of strife in many relationships.

In fact, 70 percent of all divorces cite money as the reason for their split! (Palmer and Palmer, Paul 2013).

balance love

The whitepaper is an overview of relevant research on joint financial decision making and the top pitfalls that couples encounter in their financial decision making process.

Given the research, we propose 8 design principles. These principles can be used to shape the development of financial tools for banks or fin tech companies, and if we’re lucky, improve general relationship happiness for all readers.

Get it here.

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