Post # 1
I just casually asked Fiance if we were going to get a joint checking account after we got married and he looked at me like I had three heads! LOL
Mind you, I’m the one making the majority of the income in our household. I wouldn’t necessarily want to merge everything, but it would be convenient to not have to seperate our groceries, argue about who’s paying at the restaurant, and pay our rent.
What do you bees think – do you have or are you planning to get a joint checing account with your husband?
Post # 3
Yes we do. All our finances are joint 100%
Post # 4
We had a joint account long before we were married. We opened one after we had been living together for a few years and it’s been bliss ever since. Its nice to not have to deal with the whole “my money, your money” thing.
All of our money goes into the joint and then we each have our own savings accounts that get the same amount of automatic transfer per week. I like having my own savings so that I can buy gifts for Darling Husband without him knowing.
Post # 5
Ugh, I am literally in the process of setting up all of our banking on the computer. It is a disaster.
After we got engaged and moved in together, we basically had a what’s mine is yours policy, but going through the official processing of merging is really overwhelming.
We are going to each maintain our own accounts where we get a little play money for day-to-day stuff and gifts.
Post # 6
Sort of I think. We still have our own accts and manage our “own” money and credit cards, but we added each other on our accounts (both at the same bank) so we have access to each others.
Post # 7
I am not maried yet, but that is something we have def. talked about and we both want to keep separate bank accounts. We make significantl different amiantus of money and even though we share the bills 50/50 we still both like to be in charge of our own money coming in and we can;t agree on whose bank to use. We have talked about possibly opening a joint account and having a percentage of money auto transferred to make paying bills easier.
Post # 8
We orginally thought about having our finances separate, but after meeting with our pastor, he told us the #1 thing we can do to prevent unnecessary agruments is to merge our bank accounts together….especially if one makes more than the other. So far it’s been working great, and I feel like we spend less than we would if we had separate accounts. I don’t impulse buy as much, and he doesn’t spend as much on fast food (his guilty pleasure- haha)!
Post # 9
My SO and I have discussed this (only briefly, so this isn’t a definite at this point) but we both really liked having a joint account (where the majority of pay checks would go– for bills and savings) and a small percentage of each of our paychecks (say, 10%) goes to our personal account for our own spending money.
Post # 10
@cherrycoke: Yes… this is what happened when we joined our accounts… I feel more guilty about spending on things that I wouldn’t if it were just my money.
Post # 11
Everything is joint for us and after almost 3 years have never had an issue or fight.
Post # 12
After living together for about a year, we opened a new account together and changed our direct deposit info w/ our jobs. We each have our own credit cards for gifts, but everything else comes out of the joint checking. We also have a joint savings that we put money into every week.
Post # 13
We started a joint account so we can put aside money strictly for wedding stuff. We still have our own accounts though and we’ll probably keep it that way even after we get married.
Post # 14
@love108: I know, sometimes it sucks b/c I want some stuff but in the end it’s good b/c that means we are saving more….especially since we are looking to buy/build a home within the next few months. 🙂
Post # 15
We plan on having separate accounts even after marriage. We have our bills separate, he pays this, I pay that. It works for us 🙂 Since he makes more, if I were to need something or more money for something I just simply ask him to give it to me! Lol. 🙂
Post # 16
We were going to have joint & separate accounts, but got really fed up with the bank where we set up a joint account. Now, DH’s original separate account is our joint and I still have a separate one. He has a separate TFSA, but not a spending account. We do have joint & separate credit cards (or will when my joint card finally arrives).
We still view our separate accounts as ‘our money’, but allows us to do things like buy presents for each other.