(Closed) Finances after “I Do”

posted 7 years ago in Money
  • poll: How are you handeling finances after the wedding?
    We are combining everything (Checking accounts, savings, credit cards...) : (45 votes)
    56 %
    We are keeping things separate. : (14 votes)
    18 %
    We don't know! : (8 votes)
    10 %
    Other : (13 votes)
    16 %
  • Post # 3
    Member
    2522 posts
    Sugar bee
    • Wedding: November 2013

    We’re combining everything into one account and then taking a small percentage of that account for our own personal money.

    Post # 4
    Member
    404 posts
    Helper bee
    • Wedding: October 2010

    We decided to have me join him because he already had direct deposit set up for his work and all the bills for the house are through his checking acct. It was way easier for me to move over than him since I didn’t have a job that has direct deposit. It took a few months to pay off my credit card that was linked to my checking, but once that was paid off, I closed my savings/checking/credit accounts and moved over to his. 

     

    Post # 5
    Member
    139 posts
    Blushing bee
    • Wedding: July 2012

    We will be super broke after our wedding so it is better for us to combine our money!! 😉

    Post # 6
    Member
    192 posts
    Blushing bee
    • Wedding: May 2012

    I voted “We don’t know” because we really haven’t spent too much time discussing it yet, though I wish we would. Honestly, we’ll probably end up combining things, because he can’t work in the US for a while, so it will all be my income anyway. I’m thinking 1 joint checking account for all the bills and mutual things and then maybe each have our own savings account for personal items.

    Post # 7
    Member
    10287 posts
    Sugar Beekeeper
    • Wedding: October 2011

    We combined finances even before we were engaged. We each have our own personal savings accounts but the bulk of our finances are joint. 

    Post # 8
    Member
    1869 posts
    Buzzing bee
    • Wedding: March 2012

    We’re going to get a joint checking account for bills and such, but then we’ll also have our own separate accounts, so if we want to buy something, we aren’t taking away the other’s money.  My Fiance likes to fish and golf, and I like to shop, so we’re putting a little money in our individual accounts every month in case we want to buy something or go do something.  That’s how my parents are doing it, and it seems to work well.

    Post # 9
    Member
    5095 posts
    Bee Keeper
    • Wedding: June 2011

    I believe we’re going to combine checking and savings, and maybe get a joint credit card, but also keep the separate credit cards we already have. It’s funny – even though we’ve lived together for 6 years, thinking about combining our finances is when it hits me that we’re GETTING MARRIED. I guess when you’ve had your own money till you’re 31, letting go of that privacy* and independence feels like a big deal!

    *I don’t mean that I have any financial secrets from him, of course – he knows everything. It just feels weird to me that he’ll be able to see when I buy a new pair of shoes or something!

    Post # 10
    Member
    1767 posts
    Buzzing bee
    • Wedding: December 2011

    We plan to have a joint savings (which we already have actually) and probably a joint checking for bills, but we’ll both have separate checking accounts for personal expenses.

    Post # 11
    Member
    3601 posts
    Sugar bee
    • Wedding: January 1992

    Our paychecks will still be deposited into our respective accounts, and we’ll transefer most of it into a joint account. We will keep a certain amount in our personal accounts as personal spending money.

    Post # 12
    Member
    830 posts
    Busy bee
    • Wedding: July 2011

    We’ve had combined finances for a long time. We have a joint checking and a joint savings account. I am in charge of all our money, making sure the bills get paid. Fiance pretty much just uses his debit card for daily expenses and always asks before making any unusual or large purchases. This works well for us because I am way more responsible with money and Fiance has no clue what our bills are or when they’re due. The majority of the money in there comes from his job though, I am a Stay-At-Home Mom.

    Post # 13
    Member
    634 posts
    Busy bee
    • Wedding: July 2011

    At the moment we have separate accounts, however we both have access to each others accounts. I wil cancel my account and then put his account in both our names as everything is already set up on his account.

    Post # 14
    Member
    64 posts
    Worker bee
    • Wedding: August 2011

    I voted other because we will probably keep it the same as we have it now, we both have our own checking and then a joint money market.

    Post # 15
    Member
    2442 posts
    Buzzing bee
    • Wedding: April 2011

    I voted other:  We have separate accounts, but he gives most of his money to me. Sometimes he even has his clients write their checks for him in my name to save him the trip to the bank.  I run the household (mortgage, groceries, clothing etc.) so I get the money.  When he needs cash (which is very seldom, he HATES to shop) he comes to me.  He just doesn’t want to be bothered.  We probably could use a joint checking account for this but we just haven’t gotten around to it yet and this seems to be working for now.  

    I want to tell you that I had seperate accounts with my ex-husband and he badgered me for years to get a joint account but I just didn’t trust him.  I saw how he handled his money and I didn’t like it.  I know… HUGE RED FLAG!  Anyway… thank goodness I never did get a joint account with him because if I had I would be flat broke now.  He would have spent every single dime of my savings.  I’m not saying this is the way all women should think, because I trust my current husband.  But… my friends, coworkers and I all have the same motto:  Even if you have a joint account – always have your own money.

    Post # 16
    Member
    1835 posts
    Buzzing bee
    • Wedding: December 2010

    We have separate checking accounts, I have a separate savings account and we also have a joint savings account.

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