Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Which practice to keep finances after getting married: joint, or separate?
We've had everything in one pot almost from day one of marriage. The key ingredients to making that arrangement work is to communicate about the money, and realize that you're in it together.  Everything one person does affects the other. Separating finances compartmentalizes the "affecting one another" part and makes it a little clearer perhaps, but I can also see it creating a sense of entitlement: "This is my money."  There should be a place for individual discretionary spending, of course, but I'm not sure that roping off that money is the best way to do it. It's less likely to be viable if there's one main breadwinner in the house.  In our house, this is me.  If we separated the finances like this, it would amount to giving my wife an allowance.  Since she works harder at home than I do at work most of the time (she keeps the house, does meals and shopping, raises and schools our daughter, etc.) but just doesn't get paid for it, it would border on insult to her to treat the finances this way.