With marriage comes huge financial burden, but it can also benefit you in the long run. Kim Palmer, Personal Finance Expert at NerdWallet, joins Your Cheddar to discuss merging your bank accounts after walking down the aisle.
Palmer says if your partner has a higher credit score than you, joining bank accounts can be a big advantage. Having a high credit score greatly impacts a number of financial decisions like getting approved for, or getting a better rate for, a loan.
Plus, what are some tax benefits for a married couple? Married couples are able to save time and money by filing their taxes together. However, you have to be careful because marriage could actually result in a higher tax bill due to the "marriage penalty." It's a discrepancy that causes some married couples to pay more combined income tax than if they'd remained single.
Matt Calkins, CEO of Appian, breaks down the recent bipartisan report on AI safety and shares thoughts on future privacy enhancements needed in the space.
Paul Dergarabedian, Senior Media Analyst at Comscore shares the ups and downs that hit box offices in 2024, and how "Glicked" helped end the year back on top.
