(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

    Yes, combined all accounts

    Kept a separate account for gifts/savings

    Other. See comments

  • Post # 31
    Member
    3022 posts
    Sugar bee
    • Wedding: July 2014 - Prague

    We’re not married yet, but we already have one joint account. We also have separate accounts.

    Post # 32
    Member
    1540 posts
    Bumble bee
    • Wedding: July 2015

    We plan on joining some accounts together 1 year after we marry, which is when I will graduate uni. We want to also have our own accounts for our own spending money, that way we can spend our own money without asking the other one and make our own decisions

    Post # 33
    Member
    13561 posts
    Honey Beekeeper

    We have totally joint accounts right now (both checking and savings). We combined accounts after we got married. We’re thinking about setting up a couple of extra checking accounts when we have a little bit more discretionary income for us each to play with, but they’d technically still be attached to and be funded by our joint accounts. Just some fun money that we can each spend without clearing it with the other. 🙂

    Post # 34
    Member
    117 posts
    Blushing bee

    We’re not married yet, but we joined our finances together years ago. All of our accounts are joint, but we each get individual spending money from our main checking account to do whatever with.

    Post # 35
    Member
    46 posts
    Newbee
    • Wedding: May 2014

    We created a joint account for bills, etc when we moved in together and we’re planning on combining our accunts & credit cards after we’re married. We’re still keeping separate savings accoutns because we already have then and it’s not somethig we access often anyways. There just so many expanses that are joined, I wouldn’t want to have to think about who pays for what.

    Post # 36
    Member
    6109 posts
    Bee Keeper
    • Wedding: August 2012

    View original reply
    betterthansunshine:  We combined accounts, but only after we were engaged (which signaled me moving into his house and me selling my old house).  We combined everything once all my old house related suff was all closed (like the utils, mortgage, etc).  Since I was moving to his house, where all the utilities were already set to his checking, we just added me to his checking to make it a joint account. We have not fought about money once!  Money has been merged for 3 years now.  I keep a spreadsheet of all our daily expenses so that we know where the money is going, and we can help predict our expense habits for retirement.

     

    This has never been an issue with personal fun money or buying gifts.  It just works for us.

    • This reply was modified 7 years, 2 months ago by sienna76.
    Post # 37
    Member
    1427 posts
    Bumble bee
    • Wedding: June 2010 - parent\'s backyard

    we maintain separate accounts but they’re linked in case something happens, so we can access each other’s money if we must.  separate accounts was my idea and kind of a pride thing: when it comes to buying frivolous crap like makeup and shoes, I can’t bring myself to use his money. 

    Post # 38
    Member
    1257 posts
    Bumble bee
    • Wedding: October 2014

    We combined when we purchased a home together. We won’t be married for another year. We have separate investment accounts and credit cards but otherwise we share joint accounts. 

    Post # 39
    Member
    1678 posts
    Bumble bee
    • Wedding: May 2014

    View original reply
    betterthansunshine:  we actually combined accounts before we were engaged. i have a separate account on the side that i use for student loan pymts – he has access.

    Post # 40
    Member
    183 posts
    Blushing bee

    We aren’t married yet, but have lived together for 4 years.  We both have individual checking/savings, but also have a joint checking for the mortgage, bills, and joint expenses.  We save up individually and chip in halves for vacations and both have our own car payments, credit cards, retirement accounts, and investment accounts.  Unless we end up having children this set up works nicely because we both make and have our own money for what we want as individuals but can combine forces on big things that are important to us as a couple.

    Post # 41
    Member
    2512 posts
    Sugar bee
    • Wedding: September 2014

    We combined them over 6 years ago. We’re not getting married until October.

    Post # 42
    Member
    218 posts
    Helper bee
    • Wedding: May 2014

    We combined our personal ones and left his business one to himself which we’ll reevaluate later when there is less on our plate. We still have a month and a half to get married, but it’s a little of a pain and I wanted to get all of this type of stuff done before so we don’t have to deal with it afterward. And it makes the “who’s paying for what” easier as we’re dealing with joing things now–wedding/honeymoon, making one residence, etc. It’s made things so much easier.

    Post # 43
    Member
    1981 posts
    Buzzing bee

    What’s mine is his and vice versa. 

    Post # 44
    Member
    85 posts
    Worker bee
    • Wedding: June 2014

    We each have separate accounts, but we also have a joint account which we use for rent, utilities and other bills.

    Post # 45
    Member
    316 posts
    Helper bee

    We have pretty much always combined our money.  He is really bad with money and I am really good with money, so when we started buying furniture and such things together, he started giving me the money for those.  We recently bought a car together, so we got a joint bank account when we did so.  Now we have a joint account and each have separate bank accounts, but we never put money into our separate accounts these days.  

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