- 1 year ago
I think it totally depends on the situation and stage of relationship.
When I started dating my husband, he made significantly more than me (I was still in college and he is 5 years older). So bc of this disparity he paid for most of our outings, dates, etc.
When we got engaged, we moved in together. I was working part time and my husband was working a ton. He made way more. He paid all of the bills for our apartment and utilities. I paid for all of my personal bills I carried over such as car insurance, cell phone, retirement fund, etc.
When we got married, we decided to combine all of our checking into one account. We each have 1 credit card as well. We have a joint savings account as well. So basically, now all of our bills come out of our combined checking account. Our paychecks go straight to our checking account as well.
We both like having our finances combined because we both have easy access to everything. It holds each other accountable, even though we’re both natural savers. I do all of the finances and bill paying but my husband can still “see the numbers”. We regularly talk about how much money we have in checking and savings. I think it’s healthy to have transparency and both be on the same page. I wouldn’t suggest the way we do things for couples that are more 50/50. If you want to not pick expenses, separate accounts are probably better. IMO, marriage is a partnership and it really shouldn’t matter who pays for what.