Over the last year my husband and I have taken on the responsibility of our parish marriage prep program and have thus gotten into the habit of discussing some of the less glamorous aspects of sacramental true love. One of these which I think many couples tend to shy away from is the subject of money. As Catholics we understand that money does not buy happiness or salvation but personal finances are a topic that should be broached before going to the altar to say I do. Surprising your brand new spouse with your crushing student debt or an uncontrolled spending habit will not endear you to them. Total honesty is a virtue which ought to be embraced by both parties from the start of your courtship. My husband and I even went so far as to show each other our bank accounts a few months into our relationship. I had just bought a house, greatly depleting my savings. This wasn’t news I wanted to spring on him later. 

However, in addition to full honesty with your future spouse, I believe in many cases, a much more tangible level of sharing ought to be considered. Although I can name happily married couples in my life for whom separate bank accounts are appropriate, I don’t believe that these are the norm or should be. Unfortunately, many modern couples choose this approach. Separate finances in a marriage should be avoided for the same reason that the Church condemns contraceptives. You are telling your spouse that “you can have all of me… almost.” It’s a ‘mine’ rather than an ‘ours’ mentality which is all too prevalent in society. It maintains an avenue for dispute and impermanence in the marriage which is outright uncatholic. In a truly sacramental marriage there should be no thought for a contingency plan if the relationship goes south. Giving yourselves a financial out “just in case” comes with the built in temptation to take it. Though the romance may remain fresh and strong for years after the wedding there will undoubtedly come a time when your marriage will be tested. It’s on those days when you need to be 100% committed to your spouse. Leaving should never be an option. 

Shared finances also come with the bonus of bringing you closer in your marriage. All major purchases and investments become joint decisions which require you to reach terms that are acceptable to both parties. This attitude of compromise will ripple into all other aspects of your marriage if practiced enough, thus strengthening the trust between you and your spouse. When everything goes into the same pot there’s no need to debate who makes more money and who should pay the bills. There’s no attitude of competition regarding who can bring home the most bacon. You’re in it together. Any income becomes ‘our’ income and any expense is shouldered by ‘us.’ In a world of fleeting success and fleeting romance it may seem daunting to join your finances to someone else, right down to your very last penny. However, if you are truly, sacramentally married to the person, there are few reasons not to. There is no limit to the trust between a man and woman united in holy matrimony.