Each of you have your own money but its time to settle down and get married. Once you get married, there are household expenses which you need to plan for. Failure to plan may result in overspending and land you in financial problems. ...
...When you're single, it is easy to manage your money. When you get married, it may be a little more difficult as you and your spouse's views on money may be different. How much should each person contribute to the household? How to budget household expenses and eliminate overspending? These may be some questions you would ask yourself.
Before you get married, you would have your own bank account for your own savings. Let's say your bank account is the circle A below.
Similarly, your wife or husband also has his or her own bank account. Let's put your spouse's bank account as the circle B below.