MoneyWise


Separate or Joint Checking Accounts

March 28, 2019

In Mark 10:7, Jesus tells us, “ A man shall leave his father and mother and hold fast to his wife. And the two shall become one flesh.” But if you’re one flesh, should you have separate bank accounts? We’re often asked if husbands and wives should separate their finances. Today on Moneywise, Rob West and Steve Moore talk about how married couples should become one financially. 

Then, they answer your questions at (800) 525-7000 and questions@moneywise.org about the following: 

  • If you’re wondering if the scripture that cautions a believer not to be yoked to an unbeliever applies to real estate contracts.
  • Is it a good idea to buy a house without a realtor?
  • If you've had medical issues that have left you $20,000 in debt even after paying a great deal off, should you pay this debt off even if it means you'll have no savings left?
  • If you bought a condo at the high point in the housing market that has an adjustable rate mortgage and you're thinking of refinancing, is that a good idea?

Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources.  You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air.  And if you'd like to help, just go to the website and click the Donate tab at the top of the page.