Post # 17
We opened a joint savings acct, anytime a bill is due I deal with moving the money around to pay a vendor. I prob ended up spending a little more since I paid for little things like stamps out of my checking account.
Post # 18
We have completely joint accounts that we deposit our pay checks in. Everything comes from that account. It’s completely “our” money now. I do most of the check writing though!
Post # 19
We live together and have joint checking, savings, credit cards, you name it. It makes life easy.
Post # 20
we dont live together and dont have joint savings, but we drew up a budget and kinda figured out who would pay for what
Post # 21
We didn’t live together and we didn’t have a joint account till closer to the wedding.
Rather we still combined our incomes together when budgeting out things for the wedding, our bills, etc. And then we just paid for them accordingly. Sometimes it came out of mine and sometimes it came out of his.
It worked, everything got paid for and all were happy.
We now have a joint account, and I still have a seperate account that’s used for specific things… ie. My Dad contributes to my sons school tuition & lives in another city so he makes deposits and I pay the tuition… =)
I think that ulitmately you’re going to be husband and wife and all income will be coming into the same household so it really doesn’t matter “who” pays it b/c it will always be “us” paying it =)
Post # 22
We have a joint savings account for wedding expenses.
Post # 23
We have a joint account together since we moved in together and also we moved across the country. So whatever we had extra at the end of the month, we transferred into our wedding savings account. Since I make more money, I put more of my money in the account. He did have a savings account that his mom set up so he did have a lump sum when we joined accounts. It was pretty much fair because I can’t expect someone who makes less than me to put in the same amount that I do. It was about 10-20% of each of our paycheck went into the wedding account. Also, our tax return and bonuses from work went into that account too.
Post # 24
My parents paid for the wedding. But for little things we would just pay, we had joint everything b/c I was unemployed.
Post # 25
For various reasons we will not have joint accounts even after we’re married… so we’ve split wedding costs just as we do household expenses. I pay a higher percentage since my income is more. My parents are paying for the food at the reception and my mom paid for my wedding dress and alterations, but everything else I’ve paid for with a debit card paycheck by paycheck.
Fiance is closing an old savings account to use towards the wedding since my parents original offer to pay for everything changed after we had already made arrangements for the wedding – so he’ll pay for his suit and attire and we’ll pay our DJ, florist and photographer with that and whatever is leftover will pay for beer and wine for the cocktail reception.
Post # 26
Like a few of the other girls we had already joined finances by the time of engagement (been joined almost 4 years now) so everything came from our money. No need to divide.
Post # 27
not really sure…. we both paid half yesterday when we booked our venue,
I have bought my dress and paid for my brooch bouquet materiels….i think its me that pays for my own clothes anyway, and i wont pay anything towards his suit.
we have lived together for 15 years, so the money is ours anyway, but some of the secret things i want to include, i will pay for them because i want them, and i can hardley ask for half the money for something that i cant even tell him about! LOL
we are opening a wedding bank account, and the reception will be paid out of that.
Post # 28
When planning the wedding we had seperate accounts and then a joint account for wedding expenses. Then after the wedding, we closed our other accounts and the joing wedding account became our joint bank account.
Post # 29
This thread reminded me that the Fiance and I have to sit down this weekend and go over costs for the next couple of months!
We have seperate accounts and it will remain that way even after we are married, so we are splitting the ‘common’ wedding costs evenly. When things come around then I just tell him and we pool our cash. Works pretty good, except when I forget to tell him about something!
Post # 30
We don’t have joint accounts yet, but we have been living together for years and we don’t have a set way of splitting expense. I divided up our regular bills loosely based on how much we make, but that’s mostly just to make it easier while we have separate accounts. I’ve been making the bill payments lately, out of either account. We pretty much consider it our money, it’s just a matter of who has it on hand at the time. At this point I’ll wait until I change my name to set up a joint account. No sense in having to order more checks.
Post # 31
ditto, we have always had our own bank accounts, and that wont change when we marry, i like my own independance that way, if we pooled our money i would always feel like i had to ask permission to buy this or that. i work full time and have my own money so i want to , and do, spend my money as i see fit…….and so does he.
if its something we want together, or we go out for the day, we share the costs.