- 8 years ago
I’m curious about what everyone has done about combining (or not combining) finances and why.
Right now, my husband and I each have individual checking and savings accounts, plus we have a joint savings account. Our current incomes are roughly equal and we split the household expenses between us. We put the money we got as wedding gifts in the joint savings. But five accounts seems a little much, it’s irritating writing two checks for every bill, and we don’t have a system as to how we’ll decide on contributions to our savings. Not to mention my income will be increasing substantially (like, quadrupling) over the next few years. Point being, we need to rethink our system, and I’m hoping hearing what everyone else has done and why will give me some ideas!