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Relationship Discussion (non-explicit)
Reply to "Joint v. separate accounts "
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[quote=Anonymous]One joint checking account, from which we pay all shared expenses. We each have a credit card that we use for shared expenses and pay those from the joint checking. We also have a shared savings account, which holds money we received when we married and anything else we've managed to save since we got married. We also have separate checking and savings accounts that we had before we met; we each keep some money in those, and have other credits cards that we use for the occasional personal expense. (e.g., I had brunch and went shopping with girlfriends today; I put that on my personal card.) Twice a month, $150 of my paycheck is direct-deposited into my personal checking and the rest goes into our joint account. My husband is self-employed and is paid in lump sums a few times a year. When he gets a check, he sets some aside for taxes, some for business expenses, and the rest goes into our joint accounts. We've been doing it this way for almost a year, and I think it works pretty well. I don't worry about who's paying what anymore. Even though I'm earning more, it just feels more even. [/quote]
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