Joint Accounts
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- 27 Responses
- fooler2
How many of you married folks use joint accounts? I've been married for 2 years and we talk about it all the time but still haven't combined our incomes. It's worked out fine so far but it is kind of a pain collecting for bills like we are roommates.
- harlequino0
Yup. Makes things easier. But carving out who takes care of what bill does help so no double dipping.
- or just setup auto deductions on sites so that you both know when things are being paid automaticallyrodzilla
- D_Dot0
If i had control of my money we'd be poor in a week. Wifey takes care of everything, and I do whatever she wants because of it.
- rson0
Definitely a good idea! But what happens when you get a divorce?
- always keep cash stashed away somewhere, ALWAYS! if shit hits the fan have cash in hand.eryx
- you live in the movies, dude.doesnotexist
- when the zombies come I'll be able to buy guns and ammo, good luck to you!eryx
- dont get divorcedslinky
- paraselene0
i've been married for two years and we still have separate bank accounts. i can't imagine having one - it's hard enough to keep track of how much i'm spending already and i'm just one person!
- locustsloth0
My wife and i have a joint account. For the longest time it was just in her name, but i was paying the bills, going to the grocery store.
When you don't have a lot of extra money it's pretty easy as there is no surplus to fight over or divide amongst you
- fyoucher10
We have separate checking accounts that we can both access and to also transfer fundage. She used to pay for utilities, now I just pay for everything (mortgage, insurance, cars, utils, etc). We were thinking of opening an account that we both share that would be exclusively for "extra things", like vacations, clothing and the like...that we both MUST make the same contribution to. Now of course, that account is called my savings account.
- morilla0
joint accountants are good, but always keep you own account as well.
- TheBlueOne0
We have one combined account for rent, insurance, etc...and she has her own accounts and I mine. We don't have to be completely in each others business...
- fooler20
we've been pretty good so far. As it is set up now I don't get mad at her when she buys $200 boots and $100 jeans and she doesn't care when I get new snowboard gear every year.
If we had a joint account we might be more frugal with our spending so we didn't piss each other off by buying these we don't necessarily need.
- brandelec0
separate accounts + joint account that we both contribute to and never touch
- ximeraLabs0
My wife and I have a joint current/checking and savings account — from before we got married. We don't pool our wages, but we put a lump sum of money each month to pay bills etc and lump sum for savings.
- fooler20
a friend at work always makes fun of me for having separate accounts. He says we aren't truly married and that we have trust issues.
But then again this guy is always calling up and bitching out his wife for spending so much that he's bouncing checks.
- scarabin_net0
it seems naive and altruistic to combine bank accounts.
how hard is it really to have separate accounts?
- eryx0
The only draw back I can see is the amount of service charges and network charges you will have. The bank will always try to get as many services charges as possible from you. If you each have an account plus a joint account you will be paying these fees 3 times over, not to mention if you have a joint savings account.
The less you deal with the bank the more money overall you will make.
- voiceof0
If you have separate accounts, It would seem like a pain the ass to collect money for the extra things like who pays the kids medical bills, and what if you wreck your car and our strapped for cash, do you take a loan from the other? and what if your spouse stays home with the kids or only works part-time?
- fooler20
believe me it would benefit me if we had joint accounts. I'm just thinking it has worked fine so far why change it.
We mostly use a joint credit card for big purchases then just split the monthly bill at the end of the month.
- sputnik20
joint accounts...best decision ever. but we talk about everything, decide on everything together. unless you're tight like that, it can be a problem.
- Dancer0
We have an equal amount going into one account which is where all the direct debits go from. It's crazy not to do it.
- Anything extra We pay for individually.Dancer
- same here.Jnr_Madison
- 5timuli0
Prefer separate if I could. Joint isn't working out as my wife finds new and ingenious ways to hide spending from me.
Best way is to each have seperate accounts but have a joint account for bills.