(Closed) Did you combine your bank accounts after you were married?

posted 7 years ago in Money
  • poll: Separate accounts or combine them?
    No, kept separate accounts : (13 votes)
    13 %
    Yes, combined all accounts : (42 votes)
    43 %
    Kept a separate account for gifts/savings : (28 votes)
    29 %
    Other. See comments : (14 votes)
    14 %
  • Post # 2
    1117 posts
    Bumble bee
    • Wedding: August 2013

    We never bothered, we don’t really have any mony to worry about anyways. DH got his student loans in earlier this month and we made the account that they’re in a joint account so taht we can both access it. Some day we’ll have truly joint accounts, but right now it seems like too much effort.

    Post # 3
    1149 posts
    Bumble bee
    • Wedding: March 2015

    View original reply
    betterthansunshine:  Voted other, we’re engaged and will be combining everything shortly – will probably still keep a credit card each but all cash will be joined 🙂

    Post # 4
    4160 posts
    Honey bee
    • Wedding: October 2011

    No and probably never will.  We both like having access to our “own” money, and we have a great system for paying bills/mortgage/groceries/etc.  When we need to combine money for vacations or whatever else, we do that too.  No need to combine accounts for us 🙂

    Post # 5
    9120 posts
    Buzzing Beekeeper
    • Wedding: August 2013 - Rocky Mountains USA

    We had a grand plan about mostly joining accounts but keeping a separate limited account for personal spending – but that turned out too be waaaay to Type A for us. So now we just use our joint accounts for everything. 

    Post # 6
    10003 posts
    Sugar Beekeeper
    • Wedding: August 2012

    We added him to my existing account and closed his old one. We have no need for separate bank accounts. We each have a credit card that is only in our respective names though, in case of emergency or someething.

    Post # 7
    853 posts
    Busy bee

    We combined everything way before being married. We have joint savings, checking, and money market accounts. I have my own checking account also but they are all linked.

    Post # 8
    2113 posts
    Buzzing bee
    • Wedding: June 2015

    We are currently engaged and will be combining everything by the time we are married. 

    Post # 9
    2119 posts
    Buzzing bee
    • Wedding: June 2014 - DD born 2015 DS born 2017

    We have decided to keep things totally separate until we have kids, at which time I will be a Stay-At-Home Mom for an unspecified time, so he will add me to his credit card at that time so we can share temporaily.

    But we don’t intend to combine accounts for the forseeable future (legally married 4 months ago)

    Post # 10
    4650 posts
    Honey bee
    • Wedding: August 2013

    View original reply
    betterthansunshine:  Nah. We mostly consider it “our money” and discuss big purchases but we’d rather not have to worry about each other’s little expenses and whatnot. No reason to deal with the hassle.

    Post # 11
    7975 posts
    Bumble Beekeeper
    • Wedding: July 2013 - UK

    We have a joint account which we each pay a proportion of our incomes into. We use that money for the mortgage and household expenses. Everything else is our own money, to spend as we will. This is a great system because:

    – It means we can treat each other secretly and surprise each other (nothing says “romance” like finding out your partner has spent a huge chunk of your own, hard earned cash on romancing you).

    – It reduces arguments… there is no temptation to add up the money you are each spending on your animals/computer games etc… and no tit for tat arguments (“you spent £100 on a night out with your friends!” “well you spent £50 on shoes!”). Any money which does not go into the joint account to pay for our essentials is our own, free and clear.

    – It makes accounting easier, because you know what all the charges on the account are… the joint account should only have mortgage/bill charges, and your personal account only has things which you spent yourself on it. So you don’t need to spend ages checking what each item is.

    – It is fair… he earns a lot more than me, but we both pay the same % of our incomes into the account to cover expenses.

    PS I should also say that our paying into the joint account is all done by direct debit, so it’s really easy. It goes into the joint account automatically. We also pay all our bills by direct debit, so it’s nice and easy. We don’t have to worry about it. All we have to do is to give the account a quick check every now and again… it basically runs itself.

    Post # 12
    7637 posts
    Bumble Beekeeper
    • Wedding: November 1999

    View original reply
    betterthansunshine:  Joint everything. Since having kids, I can’t imagine doing it differently, because for a long time there was a huge imbalance in income, chores, etc.

    But even before having kids, everything was combined. There was no “my” and “his”, everything was “ours”. Nearly all expenses were shared anyway.

    Post # 13
    2196 posts
    Buzzing bee
    • Wedding: March 2014

    We did… not long after we got engaged (18 months before our wedding). There were a number of extenuating circumstances which made it sensible for us  though. I kept a separate account which a small amount goes into each fortnight though (DH’s suggestion so I don’t have to feel guilty about some personal spending though! Haha)

    Post # 14
    517 posts
    Busy bee
    • Wedding: January 2015

    We joined everything about 2 years ago and our wedding is not for another 10 months. Even before we joined our accounts all finances were seen us “ours” and not “mine” and “yours” – or maybe it was more like “mine” and “ours” before lol 

    Post # 15
    406 posts
    Helper bee
    • Wedding: November 2014

    View original reply
    betterthansunshine:  We’re still engaged but bought a house together so we have already combined our finances. Honestly, I feel like it’s the best decision we’ve made. Makes things so much easier and funnily enough makes you feel closer, you’re sharing everything now. 

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