{"id":6062,"date":"2023-02-14T10:02:34","date_gmt":"2023-02-14T16:02:34","guid":{"rendered":"https:\/\/dudleymediagroup.com\/smart-money-when-to-merge-finances-with-a-partner-and-when-to-keep-separate\/"},"modified":"2023-02-14T10:02:34","modified_gmt":"2023-02-14T16:02:34","slug":"smart-money-when-to-merge-finances-with-a-partner-and-when-to-keep-separate","status":"publish","type":"post","link":"https:\/\/dudleymediagroup.com\/smart-money-when-to-merge-finances-with-a-partner-and-when-to-keep-separate\/","title":{"rendered":"Smart Money: When to Merge Finances with a Partner and When to Keep Separate"},"content":{"rendered":"<p>Discover the answers to your real-world money questions on the Smart Money podcast from NerdWallet!<sup id=\"cite_ref1-0\" class=\"reference\"><a href=\"#cite_note1-0\">[0]<\/a><\/sup> This week, we\u2019re discussing when it\u2019s appropriate to merge finances with a spouse or partner, or when it\u2019s better to keep things separate. Our guest this week is Danny, who contacted us with a question about closing one of his oldest lines of credit.<sup id=\"cite_ref1-1\" class=\"reference\"><a href=\"#cite_note1-1\">[1]<\/a><\/sup> Danny and his wife have combined their credit cards, and now they\u2019re looking to consolidate them by closing some of them. Danny is hesitant to close his oldest line of credit, because he\u2019s heard it\u2019s not good for his credit score.<\/p>\n<p>The Nerds are here to answer Danny\u2019s question, and they offer important advice when it comes to merging finances and closing credit cards. First, they caution Danny to be careful when closing a credit card account, because it can hurt his credit score. Instead, they suggest he consider asking for a product change instead.<sup id=\"cite_ref1-2\" class=\"reference\"><a href=\"#cite_note1-2\">[2]<\/a><\/sup> Tune in to this week\u2019s episode of Smart Money to hear the Nerds\u2019 advice on merging finances, and how to handle Danny\u2019s credit card dilemma.<\/p>\n<p>You can find Smart Money on Apple Podcasts, Spotify, and many other streaming services. You can also find the episode on our website, NerdWallet.com, alongside other informative articles and advice on personal finance.<\/p>\n<p><span id=\"cite_note1-0\">0. <\/span>&#8220;Smart Money: ChatGPT vs. the Nerds, and Rental Properties&#8221; NBC Right Now, 6 Feb. 2023, <a target=\"_blank\" href=\"https:\/\/www.nbcrightnow.com\/national\/smart-money-chatgpt-vs-the-nerds-and-rental-properties\/image_527fed4f-a1e6-5760-8be4-8aa236c38d62.html\" rel=\"noopener nofollow\">https:\/\/www.nbcrightnow.com\/national\/smart-money-chatgpt-vs-the-nerds-and-rental-properties\/image_527fed4f-a1e6-5760-8be4-8aa236c38d62.html<\/a><\/p>\n<p><span id=\"cite_note1-1\">1. <\/span>&#8220;Smart Money: When to Merge Finances \u2014 or Not&#8221; McDuffie Progress, 13 Feb. 2023, <a target=\"_blank\" href=\"https:\/\/www.mcduffieprogress.com\/news\/national\/smart-money-when-to-merge-finances-or-not\/article_3db8eded-278a-5ee3-903b-b990b325562c.html\" rel=\"noopener nofollow\">https:\/\/www.mcduffieprogress.com\/news\/national\/smart-money-when-to-merge-finances-or-not\/article_3db8eded-278a-5ee3-903b-b990b325562c.html<\/a><\/p>\n<p><span id=\"cite_note1-2\">2. <\/span>&#8220;Smart Money: When to Merge Finances \u2014 or Not&#8221; FOX 11 and FOX 41, 13 Feb. 2023, <a target=\"_blank\" href=\"https:\/\/www.fox41yakima.com\/smart-money-when-to-merge-finances-or-not\" rel=\"noopener nofollow\">https:\/\/www.fox41yakima.com\/smart-money-when-to-merge-finances-or-not<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the answers to your real-world money questions on the Smart Money podcast from NerdWallet![0] This week, we\u2019re discussing when it\u2019s appropriate to merge finances with a spouse or partner, or when it\u2019s better to keep things separate. Our guest this week is Danny, who contacted us with a question about closing one of his [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":6061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"_links":{"self":[{"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/posts\/6062"}],"collection":[{"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/comments?post=6062"}],"version-history":[{"count":0,"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/posts\/6062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/media\/6061"}],"wp:attachment":[{"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/media?parent=6062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/categories?post=6062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dudleymediagroup.com\/wp-json\/wp\/v2\/tags?post=6062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}