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[quote=Anonymous][quote=Anonymous]Husband and I are trying to migrate to more shared accounting system (instead of two larger personal accounts and one small shared one).   Curious to hear how others do it themselves or would approach our situation.   
This is our situation, how would you set it up so that we largely have shared account but each have a personal account we can still tap into?

LIFESTYLE
2 young kids.  Renting. 2 full time salaried jobs.

INCOME/SAVINGS
Me: $140 + lots of savings
Him: $160 + moderate savings
(Neither are likely to change drastically)

CURRENT ACCOUNTS
His/Her personal checking and savings accounts (60+% of income)
Small shared account for household expenses (&lt;40% of income)

MORE IDEAL SET UP
?
?

If you kept a small personal account (for gifts, personal splurges), how did you justify how much goes into the larger shared account if one of you makes more?

[/quote]
(Assuming nobody has "money issues.")  My DH and I (now married 17 years) kept all previously separate money separate (like, I had inherited some)  and put all earnings in a joint account, then had an automatic withdrawal of a small amount each a month that went into our separate accounts.

We lived in a community property state, and we were just out of law school, so we made up a contract (because it was fun for us to do so) that said that commingling of community funds into separate property accounts would not change the separate nature of the property.  That way if the small amount of money from our incomes went into the account with my inheritance, it stayed as separate property.

This worked out great in the beginning of our marriage, when we paid our own car's insurance, and I paid for my perm/hair, and of course for presents for each other.  As time went on we naturally started merging more and more into paying for things with our joint money, and then we got rid of the automatic withdrawals.  You really get to a point where you don't need a separate account for gifts or splurges.[/quote]

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