She never complains about $$ and always pays bills on time. Both of us are very good with money. I just think it would be easier separate. She doesn't care what I buy and I don't care what she buys. Most of the time we come home with something the other has been wanting. Thanks for your input guys.
Had this talk on the golf course Sunday morning and it was 3-1(me) separate accounts. We have had joint accounts since we were engaged. Never been an issue with money, but we are both pretty frugal so it works out. I would always have the feeling that I am hiding something if I had my own account. Different stroke for different folks I guess.
I've been married 7 years now and we've had joint accounts the whole time. One of us manages the account and keeps the other informed of how much extra is there to spend. I think joint is the way to go.
Another for joint account. Are you married or just shacking up together? Make some plans for the short term and long term. Pay yourselves first each month by putting some away in savings a little for each of you to enjoy. One account and once or twice a month sit down together and you go over the bills and she rights out the checks. Quick and simple and you both know what you have each month. Doing it separate will always cause problems down the road for one or the other.
We are married an have a 3 year old together. We always pay ourselves first every month. Money is not going to be a problem as we will have a couple grand left over every month after bills. Maybe joint is better. I don't know at this point.
Being not married idk, I do know a lot of ppl I know that have seperate then one joint that both people put momey into from jobs for bills and stuff like that. That's the way grandparents have done it for 50+ years, although grandma manages everything so guess you could say its all together jus different names ha.
Definitely joint account. We each have our own "allowance" once bills, savings and retirement are accounted for. Sent from my iPhone using Tapatalk www.skyangler.com
My first marriage of 20 years we had a joint account...we fought about money constantly. My second marriage almost 13 years, we've always had separate and NEVER fight about money. I don't know how much she has and she doesn't know how much I don't have. We split everything pretty much down the middle. If she's short I help her, if I'm short she helps me. I found out the hard way with a joint account that what's hers is hers and what's mine was hers!!! Sent from my iPhone using Tapatalk
You both have very unique ways at looking at your lives and marriage and by both of you always working together at them your sure to succeed. Most of the time when a family gets in financial problems its because only one person is handling the money and is afraid to ask for help when they get in trouble. My wife likes to see money in the savings and I like to see everything paid off so we compromise and never go longer than a few months on outstanding equity loans and pay our cars off within a year or two. Otherwise we keep saving up for the purchase. All credit cards paid off every month. Granted I haven't always been this way but we won't talk about that Finances problems can ruin a great marriage real fast and financial freedom is like an Aphrodisiac
Exactly. We have one account that pays all bills. I have one small checking account that can drop cash into to pay for online purchases. I actually couldn't take money from the joint if I wanted to. If I'm buying something bigger than I've saved side job cash for, she's probably gonna see it anyhow. One person handling the ins and outs of an account insures there's no errors due to la k if communication. She handles the money and bills and I'm grateful, it's a pita. I cash my check every week and give her a large part of it to cover the mortgage and her money pays the bills. Like Trevor said, if you can't trust her with your paycheck, how can't you trust her with you life?
My husband is noticeably older than I so I would have understood had he wanted to keep the checkbook in his name. I haven't had an income until this year. But we opened a joint account immediately and it's been that way with no problems at all. We keep track of spending in Quicken so we always know how much money we have to the penny. We both pay bills. Whoever brings in the mail or reads the email usually takes care of it. It's all a family thing and he's the head of our little family so it works out very well.
This X1000. My wife makes more than me. Our income levels are actually quite different, and neither one of us ever considered separate accounts. I pay all of the bills and manage the money, and while a lot of times she doesn't know how much we have in the checking account, she doesn't spend money frivolously. We both know it's OUR money, and we are fully capable of knowing when and when not to spend on extra things.
Money is money. It all spends the same--- whether its bills, investments or personal purchases. What difference does it make where it comes from as long as you have it to use when you need it when your married? We have several savings accounts and one checking account that pays the bills. All are joint accounts. Remember this-- should something happen to either one of you the money in the others seperate account is not easy to get to if needed for an emergency situation.. We use allowance method in that (we pay ourselves) out of each paycheck that is the same amount. If you want something specail you save for it.. Thats your rat hole money
We have both. Our main account is joint which pays all the bills, covers everything we do together, dining out, etc. Then we each have out own spending accounts that a set amount goes to each month. This allows each of us to have our own spending money. All the savings are joint.
Joint accounts, both checking and savings. I carry the book and pay the bills. We both have debit cards but make sure everything gets entered in the book regularly so there are no surprises. We each get the same amount of discretionary cash each month for our "fun money" that covers our personal interests. Mine of course goes on hunting. Hers goes to,,,,,,,to,,,,,,,well I don't know what all she uses hers for. She seems to be content with it though.
This is the way we do it. We have two joint accounts, one for bills and the other for groceries, kids, and family stuff. We then each have our own account for whatever we want. For my wife it's usually movies and coffee with friends, mine goes into bowhunting. It works for us.
We have both joint and separate accounts. The only reason for the separate account is b/c I'm horrible at balancing my checkbook or keeping track of how much money I have at any given time. My wife on the other hand is anal to the point she balances her checkbook immediately upon making even the smallest purchase. It drove her insane when I would stop to get gas or coffee or other misc items and not keep the receipts or tell her about it. So now I have my own checking account that I can keep as disorganized as I want without getting yelled at. Savings and checking for paying bills is joint, and stores a lot more than my own account.
