Marriage, joint-accounts, and sharing cars
For those of you who are married, or living together with your other half, please feel free to share your current arrangements. Do you all have a joint bank account? With me I am thinking we can still have our separate accounts, but have one joint account where we would put X amount in to start with. Then monthly we can put in x amount. This joint account we would use for expenses that we use together. But when it comes to buying stuff and toys for self and each other we will use $ from our own accounts. Do you see any problem with this set up?
How about vehicles? With not so nice cars we probably don’t care too much. How about your newer, nicer cars? My colleague said his wife banged up the front of his truck a few times trying to park it in their garage. I park my cars (may it be the nice one or my beater) usually far away when I am in public. Places like Walmart and others most people don’t care too much for others’ cars. I don’t see my wife-to-be parking far away or not curbing the wheels though.
Re: Marriage, joint-accounts, and sharing cars
Quote:
Originally posted by bigbadboss101
For those of you who are married, or living together with your other half, please feel free to share your current arrangements. Do you all have a joint bank account? With me I am thinking we can still have our separate accounts, but have one joint account where we would put X amount in to start with. Then monthly we can put in x amount. This joint account we would use for expenses that we use together. But when it comes to buying stuff and toys for self and each other we will use $ from our own accounts. Do you see any problem with this set up?
This is exactly what we've done for years.
We each get paid into our individual accounts and put $X into the joint account each payday. We've got a handful of ING savings accounts that automatically pull from the joint for things like vacation, emergency and extra mortgage payments. It just keeps things more organized. Most bills, mortgage, insurance, etc all get billed directly to the joint account. Some go on a credit card which then gets paid from the joint.
Whatever's left in our personal accounts is ours to blow on whatever petty shit we choose.
It works for us. I imagine it doesn't work for everybody.
Re: Re: Marriage, joint-accounts, and sharing cars
Quote:
Originally posted by Mibz
This is exactly what we've done for years. It works for us. I imagine it doesn't work for everybody.
+1. This is what the fiance and I do.