First Comes Love, Then Comes a Joint Bank Account

On this special Valentine's Day episode of Your Cheddar hosts Kristen Scholer and Tim Stenovec explore how to manage finances with your partner and stay in financial bliss after the wedding. But first, have you ever heard of the phrase "money can't buy happiness?" Well, that may not be true. According to a recent report by Purdue University, there is actually an optimal amount of money to be happy in life and it's $95,000 a year. The study also found that people who make $60,000-$75,000 a year are a little less happy, but have "emotional well-being." Plus, Americans are expected to spend a near-record $20 billion this Valentine's Day, but what are they shelling out all that money for? Lisa Rowan, Writer at The Penny Hoarder, joins Your Cheddar to discuss how you can keep the love in your wallet this Valentine's Day. 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.

More In Business

Bagels, Sharks, & Oprah: Elyse Oleksak's Memoir 'A Shark Ate My Bagel' Schmears the Cream Cheese

From a booming bagel business to a Shark Tank deal to being one of Oprah’s Favorite Things, co-founder of Bantam Bagels dishes in a new memoir.

Don’t Get Stuck With FOMO: Budget for That Dream Vacation

Even if you don't have a five-star budget, travel is a priority for more consumers. Here's how to get the best possible deals.

Julia Fox and Law Roach Team Up For a Sustainable Fashion Show

A new fashion competition show on E! called “OMG Fashun,” challenges contestants to repurpose materials to create unique looks.

The Fed Indicates Rates Will Remain High. What Does That Mean For You?

The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy.

Netflix’s ‘Roast of Tom Brady’ Was Well Done

A busy weekend at Netflix, culminating in the star-studded ‘Roast of Tom Brady,’ suggests the streamer is ready to compete with rivals like Amazon.

Tiny Homes Equal Big Results. Here’s Why You Should Consider Investing In One

For most, buying a home is a far-reaching goal. With high mortgage rates and low inventory, this CEO wants you to consider investing in a tiny home.

From Happy Meals to Footlongs, Get Ready for More Celebrity Food Deals

As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle

We Got Bad News and Good News: Weak Job Market, Better Stock Market

It was a lot harder than expected for the average worker to find a job in the past month. But that slowdown means long-promised rate cuts are coming.

April Jobs Report: Labor Market Cooling To A More Sustainable Pac

Gregory Daco, chief economist at EY breaks down April’s jobs report and what it means for the next few months

Big Business This Week: A 'Slow-Motion Murder' at Paramount, Tax Hikes (for the Rich) and is Walmart the New Whole Foods?

Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.

Load More