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Reply to "Merging finances - how much to contribute to the joint account?"
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[quote=Anonymous]We got married right after college so neither of us had any money. We went the everything goes into the joint account way. It works for us as we both have very similar spending habits. I think it helps that neither of us have expensive hobbies where one would have to sacrifice so the other can do their hobby. Suze Orman recommends that if you don't do 100% joint accounts, then each of you contribute a percentage (not necessarily 50/50) of their paycheck to the account that pays the joint bills. I'm not sure how that works IRL. Say for example, when you're a crafter (hobby) and you stop by Ben Franklin's or Michaels and pick up a birthday gift for DCs friend plus some card making supplies. DO you make 2 transactions?[/quote]
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