The Economic Times

Married couples, stop keeping all your money in one account: Bengaluru CA suggests 4-account system

Bengaluru CA Meenal Goel suggests married couples divide their income into four accounts instead of keeping everything in one. Her framework allocates 30% to household expenses, 15% to personal wants, 15% to shared experiences and 40% to long-term goals such as education, a home and retirement. The percentages can be adjusted based on individual circumstances. The aim is to create structure and manage money before it manages you.