- 3 years ago
- Wedding: June 2012
Our finances are completely combined, right now we have joint checking & savings + our own checking. We do not make a massive amount of money & I am a very detail oriented/organized person so it’s not me crazy not to have this perfected! I have a few questions & I’d love to hear if you have any ideas for me to make this easier on myself…
*All money goes directly to joint account, where all bills are paid and we each get ‘allowance’. How can we stick to a budget for other monthly expenses (groceries, entertainment) when it looks like we have a lot of money in the account, when really that money should be for the next set of bills? (Does that make any sense!? haha) The only two things I can think of are: take out the alotted budget in cash (spends way faster for us personally), or to open yet another checking account to keep the budget money seperate from the bill money. But, ugh, seems like too many accounts. Any other ideas!
*How do you keep organized with all the bills that come out randomly throughout the month? I’ve thought about calling to see if I can change them all to the 1st, or maybe putting them all on a credit card and paying it off at once?
*How do you keep your spending under budget when using credit cards for points? Check balance daily…? Or is everyone else just not as tight on money as we are?
*Would I be crazy for opening 3 seperate savings accounts? As in: Long term Emergency fund, Vacation, House Savings? I feel like it would be helpful to be able to see the categories seperated.
Any tips or advice are much appreciated! 🙂