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Becoming a Couple

Start building your financial future

Figuring out your financial future is a different process for every couple. After you’ve both had a chance to fill out the TD Personal Cash Flow Calculator (opens new window) you can start building a budget that makes sense with the TD Budget Template.

 

TD Budget Template

Taking control of your money will help you build a budget that works for you.

In the majority of cases, married and common-law couples will pay lower taxes by filing a joint return. For more information, visit www.cra-arc.gc.ca (opens new window)

One married and common-law partner can contribute to an RSP in the name of the other – referred to as a “spousal” RSP. Learn more about TD RSPs

 

Pay Yourself First

Make saving for your future, or even a rainy day, one of life’s routines.

Learn More

Personal Banking Accounts

Discover the benefits of Personal Banking Accounts.

Learn More

See how couples might approach their finances.



Dating and living together

Matteo makes $52,000

James makes $48,000

Strategy:

Their Budget

They chose to share an account. Since their incomes are about the same, they split their expenses 50/50.

Please note that the examples are for illustration purposes only.

See how couples might approach their finances.



Married

Peter makes $35,000
Natalie makes $40,000

Strategy:

Their Budget

They pool all the money and expenses together. They set aside “fun money” for their individual spending.

Please note that the examples are for illustration purposes only.