Should Married Couples Split Expenses? Dave Ramsey Says No: 'You're Married, Not Roommates'

Marriage is a union of two individuals, and as such, their finances should be treated as a single entity. Dave Ramsey, a renowned personal finance expert, advises married couples not to split expenses but rather to combine their finances. In a TikTok video, Ramsey shared his perspective on married couples managing their finances, stating, "Money shouldn't be a 'e' thing, it should be a 'we' thing." This approach encourages unity, communication, and shared goals among married couples.



However, Ramsey's advice may not align with other financial experts' recommendations, especially when it comes to couples with different income levels. Suze Orman, another prominent financial advisor, suggests that couples should maintain some level of financial independence by keeping separate accounts for individual expenses. This approach prevents power imbalances and maintains each partner's sense of independence, which is particularly relevant for couples with different income levels.

When it comes to married couples with different income levels, splitting expenses proportionally based on income may be a more suitable approach. This method takes into account each partner's income, ensuring that the financial burden is distributed more fairly. However, it's essential to consider the potential drawbacks, such as the complexity of calculating each partner's contribution and the potential for perceived unfairness if one partner feels they are contributing more than the other.

Ultimately, the best approach to managing finances in a marriage depends on the couple's unique financial situation, communication style, and personal preferences. Couples should consider their individual circumstances and make a decision that works best for them. Open and honest communication about finances is crucial for ensuring both partners feel valued and secure in their financial journey together.

In conclusion, Dave Ramsey's perspective on married couples not splitting expenses has its merits, but it may not be the best approach for couples with different income levels or financial goals. Couples should consider their unique financial situation and communicate openly about their expectations and goals before deciding on the best approach to managing their finances together. By doing so, they can create a strong financial foundation for their relationship and work towards their shared financial goals as a team.