- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Question regarding bank account and S O
Posted on 10/14/11 at 2:14 pm
Posted on 10/14/11 at 2:14 pm
How do you handle your bank account(s) with your significant other? My wife and I both work, have our own accounts, she pays the bills, and I just give her back whatever she asks for. I'm thinking about changing to an account that we "share" but wanted some opinions on how you do it?
14
Posted on 10/14/11 at 3:12 pm to Rebman601
My wife and I have separate accounts. We pay the bills that we have in our names and I give her a check for my half of the rent/utilities. We also do the envelope system for setting money aside each month(every 2 weeks actually) so that we both put in an equal amount towards groceries, entertainment and stuff like that. We have a shared savings account that we both deposit to at the end of the month as much as possible. So far it's worked great
Posted on 10/14/11 at 3:15 pm to Rebman601
We have one account. I work full-time and make 3 times as much as she does (she's in graduate school doing a PhD).
She takes care of keeping track of our bills and paying them on time (I check to make sure we're getting everything done). We set aside a certain portion each month into a common savings account from our joint checking.
To me, that's the way a marriage should work. Having separate finances sounds more like roomates than spouses to me, but to each his own, I guess?
She takes care of keeping track of our bills and paying them on time (I check to make sure we're getting everything done). We set aside a certain portion each month into a common savings account from our joint checking.
To me, that's the way a marriage should work. Having separate finances sounds more like roomates than spouses to me, but to each his own, I guess?
Posted on 10/14/11 at 3:18 pm to Doldil
quote:
My wife and I have separate accounts. We pay the bills that we have in our names and I give her a check for my half of the rent/utilities. We also do the envelope system for setting money aside each month(every 2 weeks actually) so that we both put in an equal amount towards groceries, entertainment and stuff like that. We have a shared savings account that we both deposit to at the end of the month as much as possible. So far it's worked great
We have a joint account. Direct deposit for both our jobs. Everything is paid out of the account.
Shouldn't be counting pennies if you want to make it...
Posted on 10/14/11 at 3:27 pm to Doldil
quote:
My Roomate and I have separate accounts. We pay the bills that we have in our names and I give her a check for my half of the rent/utilities. We also do the envelope system for setting money aside each month(every 2 weeks actually) so that we both put in an equal amount towards groceries, entertainment and stuff like that. We have a shared savings account that we both deposit to at the end of the month as much as possible. So far it's worked great
Hey that's how me and my roomates do it too!
Posted on 10/14/11 at 3:27 pm to ATL TGR
quote:
Shouldn't be counting pennies if you want to make it...
I don't really follow your train of thought there...we count our pennies so that we can save up to move out of our apartment and in to a house. I don't care what bank account money goes in to as long as the bills get paid and we're able to save towards our goals/future.
Posted on 10/14/11 at 3:30 pm to reb13
we've been married for 6 months - we've been "roommates" a lot longer than we've been married. I still fail to see how where our checks get put means our marriage is somehow less of a marriage. You guys are over the top about some shite.
Posted on 10/14/11 at 3:59 pm to Doldil
Different accounts. I have the big bills, she has the small bills. Never had a fight over money. Ever
Posted on 10/14/11 at 4:10 pm to lnomm34
quote:
We have one account. I work full-time and make 3 times as much as she does (she's in graduate school doing a PhD).
She takes care of keeping track of our bills and paying them on time (I check to make sure we're getting everything done). We set aside a certain portion each month into a common savings account from our joint checking.
To me, that's the way a marriage should work. Having separate finances sounds more like roomates than spouses to me, but to each his own, I guess?
My wife and I are almost exactly the same, except I'm the one working on the PhD and she makes 3x my salary. We also have a joint checking and savings account
Posted on 10/14/11 at 4:28 pm to Rebman601
quote:
How do you handle your bank account(s) with your significant other? My wife and I both work, have our own accounts, she pays the bills, and I just give her back whatever she asks for. I'm thinking about changing to an account that we "share" but wanted some opinions on how you do it?
There was a long thread on the OT not too long ago about this. I personally do not understand the separate accounts approach. My wife doesn't even work, yet I would not consider having "separate" accounts. All the money is commingled as "ours". What's the point otherwise?
Posted on 10/14/11 at 5:10 pm to Doldil
quote:
I still fail to see how where our checks get put means our marriage is somehow less of a marriage. You guys are over the top about some shite.
I agree. It allows for u to budget for combined expenses and also have control over stuff for yourself. If you want to go out and buy a big bass boat out of your own account that's fine. She wants an expensive pedicure? Fine, so long as she takes care of it.
And fewer fights about money = more sex.
Posted on 10/14/11 at 5:20 pm to foshizzle
Joint account and I handle all of the finances. She has a seperate savings account though. Our direct deposits are set up to where our base salary (40 hr. salary) goes into the checking account. Anything made from OT goes into savings. My OT goes to mine, and her OT goes to hers.
Posted on 10/14/11 at 5:36 pm to foshizzle
quote:
If you want to go out and buy a big bass boat out of your own account that's fine.
Seems crazy to me. Buying a big arse boat is a family decision, not some discretionary whim.
Posted on 10/14/11 at 6:30 pm to Rebman601
One account since we were married 13 years ago.
If people have common sense with money and are a good relationship, I really don't understand the whole idea of seperate accounts.
If people have common sense with money and are a good relationship, I really don't understand the whole idea of seperate accounts.
Posted on 10/14/11 at 7:34 pm to notiger1997
We have separate accounts and i couldnt imagine having a joint account. She makes about 3 times what i do and i am not in graduate school.
Posted on 10/14/11 at 7:56 pm to Rebman601
My wife and I have 3 checking accounts.
We each have a personal account, plus we have a joint account. I get direct deposit into my personal account (the wife doesn't work but homeschools our 9yr old son). On payday I transfer X dollars into the joint account and Y dollars into her personal account. Family expenses (mortgage, utilities, groceries, medical, etc...) are paid from the joint account.
I think it is very important that each of us has a some personal money. She doesn't have to answer to me when she splurges on shoes, and I don't have to answer to her when I buy a new guitar. It makes it so money just isn't a potential point of contention.
We each have a personal account, plus we have a joint account. I get direct deposit into my personal account (the wife doesn't work but homeschools our 9yr old son). On payday I transfer X dollars into the joint account and Y dollars into her personal account. Family expenses (mortgage, utilities, groceries, medical, etc...) are paid from the joint account.
I think it is very important that each of us has a some personal money. She doesn't have to answer to me when she splurges on shoes, and I don't have to answer to her when I buy a new guitar. It makes it so money just isn't a potential point of contention.
Posted on 10/14/11 at 8:27 pm to M. A. Ryland
quote:
My wife and I have 3 checking accounts.
We each have a personal account, plus we have a joint account. I get direct deposit into my personal account (the wife doesn't work but homeschools our 9yr old son). On payday I transfer X dollars into the joint account and Y dollars into her personal account. Family expenses (mortgage, utilities, groceries, medical, etc...) are paid from the joint account.
I think it is very important that each of us has a some personal money. She doesn't have to answer to me when she splurges on shoes, and I don't have to answer to her when I buy a new guitar. It makes it so money just isn't a potential point of contention.
This just cracks me up, seriously.
"Here you go, wife. This is your allowance for the month. You can pay our bills with this money. And you can buy your shoes with this money. Oh, you need money for the kids? Here is a little bit more. Now, don't spend it all in one place."
Posted on 10/14/11 at 11:24 pm to lnomm34
seriously, you people with the seperate accounts have issues...you either don't understand what it means to properly make financial decisions and manage your money OR your commitment to being a family is just not there like it should be 
Posted on 10/15/11 at 12:14 am to Tiger JJ
quote:
Seems crazy to me. Buying a big arse boat is a family decision, not some discretionary whim.
That's how my family sees it, too. We both have "play" money budgeted each month, and purchases under a set amount don't need spouse approval, but a big arse boat would not fall into that category.
Posted on 10/15/11 at 6:44 am to Rebman601
Joint account
I take care of paying all the bills
she doesn't look at the account or care
I take care of paying all the bills
she doesn't look at the account or care
Page 1 of 3
Back to top
Follow TigerDroppings for LSU Football News