(Closed) Poll! Combined finances.

posted 4 years ago in Money
  • poll: When will you/did you combine finances?
    While engaged : (134 votes)
    42 %
    After marriage : (110 votes)
    35 %
    We will keep our money separate : (73 votes)
    23 %
  • Post # 16
    Member
    480 posts
    Helper bee
    • Wedding: July 2017

    We don’t split things 50/50 now that we are engaged. Including rent, groceries, meals out etc. Whoever has their card out first will pay, it’s nice not having to keep track of who spent more. I like knowing it’s our money, we are a team. We haven’t set up a combined account yet, but we will when we get around to it.

    Post # 17
    Member
    265 posts
    Helper bee
    • Wedding: July 2016

    We’re opening a joint account right after the wedding. Our bills are pretty low, so we each plan on putting enough to cover the bills plus a flat dollar each a month. That way we can can build up a nest egg, but still have our own money. I like to shop. he barely buys anything, but when he does, it’s expensive. It just seems easiest to allow ourselves a little fun money with accountability since we both make about the same amount. 

    Post # 18
    Member
    2655 posts
    Sugar bee
    • Wedding: December 2016

    I can’t vote, as we combined our finances BEFORE getting engaged. We have had one bank account and one credit card attached to both our names since we moved in together in September 2013 (we got engaged in September 2015). We have an offset mortgage, so it made sense to have all our money in the one account to ensure that we’re being charged as little interest as possible. Neither of us have separate accounts and, at this stage, neither of us has plans to open one. We know it’s not for everyone, but it works for us.

    Post # 19
    Member
    1236 posts
    Bumble bee
    • Wedding: October 2016

    We just made the decision to combine our finances over the weekend.  We are making some big decisions based on combining in the next few months, but we won’t actually combine them until we’re officially married.  I already have 2 checking accounts as my mortgage has to come out of an account from the bank issuing the mortgage and I already had things set up with another bank for day to day stuff. I will probably keep the mortgage account as my rainy day fund/money for gifts, etc.

    Post # 20
    Member
    492 posts
    Helper bee
    • Wedding: December 2014

    We combined while we were engaged. We each still have our own checking/savings with minimal deposited per pay period, to use when we’re  out with friends without each other (e.g. girls night out, trip w/the guys etc.)

    Post # 21
    Member
    7898 posts
    Bumble Beekeeper

    We combined finances after marriage. Doing it earlier just seemed like putting the cart before the horse. Money is a big deal!

    Post # 22
    Member
    118 posts
    Blushing bee
    • Wedding: April 2016

    We have shared money since before getting engaged, so I haven’t voted. We did it when we bought our house together. We earn different amounts but agreed to get the same ‘allowance’ each which is paid into individual accounts.  I spend mine on clothes, coffee and catching up with friends mostly plus any birthday gifts etc for Darling Husband. It works for us but isn’t for everyone 😊

    Post # 23
    Member
    346 posts
    Helper bee

    We haven’t combined finances and won’t before we have children; we’Ll revisit the top when we get to that point. We have a system that *used* to work – we’d split everything down the middle with a set amount to cover our joint bills going into a checking account. We’ve since purchased a home and no longer split everything down the middle but we’re working out the kinks. Money is a deal breaker for me and combing finances is not something I take lightly.

    Post # 24
    Member
    587 posts
    Busy bee
    • Wedding: May 2016

    I have my own account I’ve always had. This is just been mine since I opened it in college. It’s where I have all my personal shopping stuff come out of. – Then he has HIS account where all his money goes into.  Then there is the HOUSE account. Everything that needs to be dealt with from the house goes here. It works out best this way – because we are military and he is stationed very far away. He can easily and instantly drop money into the house account at any time and stuff gets sorted through that- then bills are just paid specifically or they are auto withdrawn for smaller monthly bills. 

    We have lived this way for 2 years. We have been married for 2 weeks. It seems to be working out just fine. We just consider it ours- there is no push or pull or nickel and diming. Life is just life. We decided if there is something we really want that is more than three hundred dollars- we will talk about it. Mostly for a heads up though, not to ask permission or anything.

    Post # 25
    Member
    201 posts
    Helper bee
    • Wedding: July 2017

    We actually combined before engagement, though we were living together and quite seriously committed at the time. 

    Post # 26
    Member
    2328 posts
    Buzzing bee
    • Wedding: January 2015

    We combined when we bought out first home (about three months after getting engaged). Even though we earn differently it’s our life, our goals and we use our money. Not saying that’s the way for all but that’s how we feel.

    Post # 28
    Member
    2707 posts
    Sugar bee
    • Wedding: May 2015 - St Peter\'s Church, East Maitland, and Bella Vista, Newcastle

    We opened a joint account just after we got engaged.  We each still maintain our own accounts, but contribute by % of income to the joint account and all bills etc come out of that.

    Post # 29
    Member
    100 posts
    Blushing bee
    • Wedding: July 2016

    We each have separate accounts and one combined account that we each contribute about 50% to. 

    Post # 30
    Member
    55 posts
    Worker bee
    • Wedding: July 2016

    We each have a separate checking and savings account and one joint for the mortgage and utilities. works well for us so we haven’t really taken it any further. We may reconsider once we have kids.

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