For couples, how do you keep your money?

posted 3 years ago in Married Life
  • poll: How do you keep your money?
    We have a joint account only : (31 votes)
    33 %
    We each keep our money in separate accounts : (18 votes)
    19 %
    We have a joint account and separate accounts as well : (44 votes)
    47 %
    Who needs a bank! : (0 votes)
  • Post # 2
    954 posts
    Busy bee
    • Wedding: October 2012

    DH and I met young, and moved in together after two months. Since we were financially strapped and still in school, we always shared money. It was never ‘yours’ or ‘mine’, and we had access to each others funds if needed. It always worked for us, so when we got older and more financially stable, we just made all of our accounts joint accounts. So we have a joint account for bills/spending etc, and a joint savings account… and we actually share a credit card. We have our own cards, but on the same account.

    It works for us, because we don’t know any different. Just how we’ve always been since day one, I’d say it was risky we put so much trust into one another when we were so young and naive, but luckily we were both respectful enough to not take advantage I guess. 

    Post # 3
    2831 posts
    Sugar bee
    • Wedding: September 2014

    we each have a checking and savings account that is ours and ours only, and we also have a set of joint checking and savings accounts. it’s how my parents do it, and how his do it. so we’ve done the same.

    his paycheck is direct deposited into his checking. then he shifts money into our joint savings.

    Post # 4
    2861 posts
    Sugar bee
    • Wedding: May 2012

    DH and I only have joint accounts. I can understand having separate accounts if both people are working and making their own money, but I’m a stay at home mom. I don’t have any money to put into an account, and I feel silly asking for an allowance. Instead, we share all the money, and we each spend what we need too. DH has never been controlling about the money, and we both trust each other. If I didn’t trust him, I wouldn’t have given up my career to be a SAHM.

    Post # 5
    1060 posts
    Bumble bee
    • Wedding: October 2012

    We started a joint account while still dating so we could start to save for a home/wedding, and would each contibute a few hundred bucks each paycheck. After we moved in together we had our paychecks re-routed into our joint account and we use that to pay all bills, have a joint savings etc. we kept our own accounts as well and keep money in there for misc spending but the majority of our spending/saving is within our joint accounts

    Post # 6
    12900 posts
    Honey Beekeeper
    • Wedding: June 2011

    Joint or separate is just logistics for us.  We had separate accounts for a while after getting married just cause we were too lazy to go to the bank and add each other, but always viewed the money as joint and would transfer money no questions asked if the other needed it.  Then DH was tired of paying bills and having to manage 2+ accounts so he closed his and had his name added to mine and changed his direct pay and everything to that account.  So now it’s joint, but nothing has changed.

    Post # 7
    157 posts
    Blushing bee
    • Wedding: July 2013

    We have joint but my husband doesn’t get direct deposit so it would cost us money for us to have separate checking accounts which is ridiculous. 

    Post # 8
    3195 posts
    Sugar bee
    • Wedding: October 2010


    We don’t have joint accounts. I once mentioned that to my mother and she was appalled. 

    It works well because my husband pays most of the bills. If either of us need extra cash, it is handed over freely. 

    I know that this is a strange attitude, but I can’t imagine having a joint account with anyone.

    I need to keep some things for myself even though I am married. Allowing someone else to have direct access to my accounts is too weird for me. 

    Post # 9
    4043 posts
    Honey bee

    candy11:  We have one joint savings account (it has 90% of our savings in it) and we have separate checking accounts. It has worked really well for us. We like to keep track of our individual spending/funds and just make sure we each contribute a certain amount to savings. Bills are kind of randomly split up and we don’t really track “mine” or “yours,” it’s just “ours.”

    Post # 10
    2197 posts
    Buzzing bee
    • Wedding: March 2013

    We have separate accounts. It works for us. We just transfer money to eachother if we need it. I pay most of our bills and just tell him what money I need from him. Even though our money is separate, we still consider it “ours” and we definitely consult eachother on big purchases. 

    Post # 12
    1060 posts
    Bumble bee
    • Wedding: October 2012

    candy11:  it works well for us. I have a desk job and DH does not so it’s easier for me to just go online and make sure all bills are paid and money is put into savings on a regular basis.

    Post # 13
    414 posts
    Helper bee

    We have separate accounts and it works the best for us.

    Post # 15
    1629 posts
    Bumble bee
    • Wedding: October 2014 - Church

    candy11:  We started off with separate accounts and one joint account where rent and other bills came out of. While we still have our own chequing and savings for personal use, our pay goes into one joint account and is budgeted accordingly. We both get the same amount of spending money as the other each month so it’s not a big deal.

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