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Suze Orman: Here's how couples should split their financesIf you're married or living with your partner, you can choose to keep your finances separate. But even in this case, you'll still have shared goals and expenses. If you and your ex-partner agree on how to divide money and property, you need to apply for a consent order to make it legally binding. Get help agreeing. The first and easiest step toward separating your finances is to establish separate bank accounts and credit cards. This keeps your income and debt separate.