Millennials may have one up on baby boomers.
According to TD Bank's Second Annual Love & Money Survey, couples of all ages are happier when they talk about money. Seventy-eight percent of couples who talk weekly about money say they are happy as opposed to 60 per cent of couples who talk every few months and 50 per cent who talk even less frequently.
But, it seems millennials are happier in their relationships and talk about money more often than older couples.
According to the survey, 62 per cent of Americans talk about money with their partner at least once a week. But Millennials communicated much more often than other couples.
Other findings:
• Boomers were more likely to combine their funds (64 per cent); and Millennials were least likely 37 per cent.
• Millennials were more likely to keep all their funds in separate accounts (32 per cent); that number was 27 per cent for Gen Xers and 19 per cent for baby boomers.