<prompt> Human: Background - Me -32 , Wife - 30 . Been married for 2.5 years now. We maintained a joint account and we both deposited an equal amount of money for rent utils groceries etc. I make about 600-700 more than her after taxes. We did pay our own phone bills , car payments, maintained and paid our own credit cards. Now we are planning on pooling in both our income and paying off our credit card debts and giving each of us some fun money each month and spend everything else from the pool and save money everything. My wife has a student loan 140k ,How do we approach all this ?I know that once after marriage that you are responsible for your spouses debt and vice-versa. But is there a better way to approach this? How do married couples generally deal with this? Any advice would be great. Thank you  <response>: Been married twice. Merged finances twice. Regretted it twice. Currently in an LTR unmarried, but deeply committed going on 4 years now, and using something similar to your strategy -- common account for common bills, separate personal accounts and pay our own personal bills. Only difference is we also pay into a joint retirement account.You guys are well the way you currently are -- is there an impetus that makes you decide, after 2.5 years of a successful financial strategy, to change it? 