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Opinion: Money management for couples 101: The CFO and COO strategy

Managing finances is a crucial aspect of any partnership, especially in a marriage. Disagreements over money can strain relationships, causing stress and conflict. To mitigate such challenges, couples often find establishing clear roles and responsibilities beneficial when managing their finances. 

One popular approach is to divide financial tasks into the roles of Chief Financial Officer (CFO) and Chief Operating Officer (COO) of the household finances. The CFO and COO approach draws inspiration from corporate structures,…

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