(Closed) Joint bank account

• asscherlover
• 8 years ago

• Wedding: August 2013

Benefits from separate are:

1. The other person doesn’t know exactly how you spend your money
2. Gifts are still surprises
3. You don’t have to guess how much is in your bank account because you’re the only one who could have spent money since the last time you checked your balance
4. If you break up your finances should be simple to divide

• Olive12
• 8 years ago

• Wedding: October 2012

We have only joint everything. For us, it worked out best this way.

• Artificial-Sweetener
• 8 years ago

• Wedding: May 2014

We don’t and I am so scared to join accounts. He is not good with his money and will be worried about our balance all the time. Once we start saving for the wedding (next few months) we will have a specific savings account for that but he probably won’t have access.

He was never taught basic money managing skills so I am still trying to teach him. Poor BB.

• elysion
• 8 years ago

• Wedding: August 2013 - Brookfield Zoo

@asscherlover:  Agree with all of these!! 

Fiance and I share a joint checking account for bills and joint expenses, and also one for wedding expenses.  I am also under one of his credit card’s which we use to accumulate mileage points (hoping to take care of honeymoon airfare!!).  We also each have our own individual checking and savings accounts, though.

• ninjachc
• 8 years ago

• Wedding: November 2012

We have joint and separate. Joint, we put most of our pay into, but we put some into our single accounts too. We use those for things that aren’t shared… Like if we go out with our friends on our own, if we want to buy some pants or something just for us. Anything shared comes out of the joint.

• ladyartichoke
• 8 years ago

• Wedding: September 2018

Nothing is joint yet.

• flying_hearts
• 8 years ago

• Wedding: October 2013

We have both – a joint account for our joint bills (rent/groceries/internet/laundry/date nights/etc) and then separate accounts for everything else. We like it since it allows us to save together but also spend to our own liking… say if SO wants to buy a new video game or I want to splurge on my 50th cardigan.

• Rouquine
• 8 years ago

• Wedding: October 2012

We have our own personal and a joint bank account.  No problems in the last 1.5 years.

• asscherlover
• 8 years ago

• Wedding: August 2013

@Pokemon:  I meant like if you decide you each get $100 bucks a month to spend however you want, he doesn’t know you spent it all on a pair of shoes and you don’t know that he spent all of his on video games. You know (probably because you tell each other things or live together), but its not staring at you when you look at the bill at the end of the month. It drives me nuts when my Fiance buys certain things, even if he can afford it. I think its silly. I would be way more aware of it if we had one account. For the record we are combining soon, we just haven’t gotten around to it. You asked what the benefits are so I listed the big ones. ETA: I didn’t think you were rude. I kind of assumed you would take offense to the last one more than the first since it implies you are your SO could break up.

• thmpper
• 8 years ago

• Wedding: September 2012

I have been tossing this idea around also   Initially I was afraid we would fight about money if we had a joint account, but now I am wondering if we will fight more if we don’t share money!  This is a shameless bump.  The more opinions the better!

• MrsWBS
• 8 years ago

• Wedding: November 1999

Not yet.  We’re in no rush to go there either. Our current system keeping it separate works for us (he pays mortgage and i pay the bills) and we each know generally what the other spends and how much $ they have.