3 ms·
I’ve been married for 10 years we manage our separate accounts. But they are all joint accounts. She has “her” bills and I have “my” bills. Those are just bil
by scarface74 4y ago
I’ve been married for 10 years we manage our separate accounts. But they are all joint accounts. She has “her” bills and I have “my” bills. Those are just bills we take responsibility for.
When she was working, I transferred money to “her” account when needed to pay “her” bills. We also have a separate account for “household” spending like groceries. I deposited money into that account when I got paid. But she manages it.
If she wants me to pick up groceries out of the account. She would give me a list and either she or I would transfer the money to “my” account.
- capableweb 4y agoInstead of transferring money back and forward, why not have one account that is "our" money that both of you spend from?
- scarface74 4y agoThat defeats the whole purpose of separate accounts. I know exactly how much I can spend at any given time just by looking at my account. It’s the lack of needing to coordinate anything. I know that the only way that money will leave that account is if I spend it. We see each other’s accounts so it isn’t secret.
- kyawzazaw 4y agoDoesn't a credit card with authorized users do exactly this?
- scarface74 4y agoThen it’s the issue of overcharging. You know when your checking account is $0 that you can’t spend. Besides, many bills can’t be paid with credit cards.