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re: Married couples and joint/separate bank accounts
Posted on 2/15/16 at 7:25 am to Mullet Flap
Posted on 2/15/16 at 7:25 am to Mullet Flap
My wife and I have vastly different incomes. We each have a checking and savings account. My name is on her accounts but not hers on mine. She takes a portion out of each monthly paycheck and puts it in her savings and the rest is hers to spend on groceries, stuff for kids, etc. I pay the mortgage and all the bills from my account.
Works for us. Ignorance is bliss for her, but she knows she's not a money manager so she basically says, "Pick an amount I need to contribute to savings and I will spend whatever is left in my checking account by month's end."
Works for us. Ignorance is bliss for her, but she knows she's not a money manager so she basically says, "Pick an amount I need to contribute to savings and I will spend whatever is left in my checking account by month's end."
Posted on 2/15/16 at 8:17 am to slinger1317
Joint accounts with all bills being paid through auto pay. I buy what I want within reason and she buys what she wants within reason. We've never had a single fight about money.
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