Post # 1
My fiance and I have already decided we will have joint account when we are married. We are going to pay all bills out of the same account and work on reducing our debts together. I have been paying bills on my own since I was 18 (5 years). He has only been paying bills since March. He was fortunate enough to not have bills while he was in college. I grew up in a house where my mom sat down and paid the bills every month. He grew up in a house where his dad did it. We are trying to figure out who is going to be responsible for paying everything every month. It all comes out of the same account, but someone has to be responsible for actually making the payments. Any suggestions?
Post # 3
i think you should be the one to do it, since you know how. i wouldn’t trust him. i’d be afraid things wouldn’t get paid.
could you do things ahead of time, and then have a mail sorter? like, get everything written out and addressed, but sort it according to when it needs to get dropped in the mail?
my FI is terrible with money, and so am i. but once we’re moved, and settled, we both have to sit down and figure out the same sort of thing. who’s gonna actually do the bills and send them in.
Post # 4
@mrsdfarrar6714: Split them up? You pay some, he pays some. Figuring out who will physically be in charge of paying them not really a big deal; how you decide to handle your money as a couple is way moreso, and you seem to have that figured out.
Post # 5
@DomesticDiva: I’ve considered that idea. Maybe use our joint account to pay our individual credit cards and such as we do now?
Post # 6
@mrsdfarrar6714: I pay all ours. 1) I’m so detailed and anal it’s scary. and 2) Money makes FI weery. It sounds like you have a good system already, so just ask him if he cares if you continue to do it. You could always go through the bills at the end of each month with him if he wants to be involved and see where your money is going.
Post # 7
you should do it, since you said you’ve been doing it longer.
Post # 8
@mrsdfarrar6714: FI moved into my house and pay me rent so I pay all the bills.
when we join some of our finances after marriage, i am still going to pay the bills because i know they will be paid and on time.
Post # 9
I am actually going to disagree with the idea that one person should handle all the bills. Because if something was to happen to that one person, the other person would be screwed.
I like the idea of “splitting things up.” Or, would it be possible to do it together? It seems silly, but then you both are responsible for what happens.
Post # 10
Whoever gets the mail and sees the bills just pays it wheit they see it, it works for us. We have no debts thought besides the mortgage
Post # 11
We just set up auto withdrawals. We don’t have to actually do anything each month.
Post # 12
My husband (then boyfriend) moved into my apartment. At that time we opened a joint account. I paid all the bills and continue to do so. All the bills are in my name and although I trust him, I hate his system of paying the bills. I need to know it’s done without nagging.
Post # 13
I do all of ours because I’m extremely organized and conscious about $ while FI is somewhat scatterbrained and forgetful. Easy decision for us.
Can you split them up?
Post # 14
- Wedding: November 2013 - St. Augustine Beach, FL
@mrsdfarrar6714: Who is more responsible? Who pays their own bills on time every month already? You could also set up automatic withdrawals each month so nobody has to do the bills.
I pay the bills because I am more responsible, I have more experience budgetting, and I rule our budget with an iron fist. If FI was in charge of the bills they would get paid but he may play with the budget a little here and there. He and I both mutually agreed that I take charge of the budget and bills. He does however have access to our joint account and passwords for our billing accounts so he could access them should something happen to me.
Post # 15
In our house we split it- he has most of the bills autopayed out of his acct so we don’t have to worry about them, and I handle one or two (I manually pay but I’ve never been late paying a bill so I’m not worried about forgetting.)
We will probably continue this way until I leave the workforce, and then we’ll just tack “my” bills onto his account. Autopay is the way to go!!
Post # 16
you both keep each other accountable to work up and agree on your budget, whats getting paid and how much. Otherwise put as much as you can on automatic payment withdrawl. Other then that I think i’m going to be in charge of physically paying the bill just because i’m more of a math nerd then he is. He tends to wait until the last possible day. While i know the moneys there so i’ll pay it as soon as i get my paycheck that pay period. He pays the bills on the due date at like 11 oclock at night and then he asks me how much he’s supposed to pay. Its just easier for me to do it. Once we get our credit cards paid off there won’t be much to pay thats not automatic.