How many married couples put all pay/income into a joint account?

STEPHEEDEE

We have a joint checking account. I love my husband and trust him with my life why wouldn't I trust him with my money. mho. Besides- what's his is mine and what's mine is mine. :)Good luck

Lady J

No ... My husband and I were single for a good while before we got together, and neither one of us wants to give up control of the finances. It's not that we don't trust each other, it's that it saves so many money arguments.

We have separate checking and savings accounts. But we set them up where they are payable on death to the other spouse. We don't hide stuff from each other, so we don't feel a need to check up on the other one.

He pays the utilities, most of the groceries, insurance, and recreation; and I pay the mortgage, car payment and cell phone bill.

Sometimes, we "borrow" money from each other. It seems to work great for us.

AtiaoftheJulii

Most do. The sneaky ones do not.

evelyn_01

Maybe not all your income.

For us, my husband contribute 40%, I contribute 30% for paying bills and savings. (he earn more).

Mr.Been there

It is not unusual for women to think that their husband should share his money with them while they need not share their money with him. This is especially true where the woman has all the money or has the higher paying job.

To answer your question, try setting up a joint account and use it to deposit all income and to pay all bills.One of you can do the accounting and both can check the status regularly.

Confused

We put into joint account but we married at 23 years of age. In other words, we did not have much and we built everything together anyway.

onelonevoice

yes do it it is a trust issue

New Kid

did not

leckie1UK

We had our own accounts and a joint account for the house to pay the bills, etc.

Lucy B

Me and my hubby take our own wages, he pays the rent, and the bills, i buy the shopping, and bits and bobs we all need with my money from my part time job as i am also a full time mum and house wife.
We both put so much aside for savings and
Whats left is ours to do what ever we want to, i might take the family out to dinner with my left over cash one week, or buy some thing for myself anouther, my husband does the same with his.
There is no problem sharing, but we both feel that we can justify spending some money on ourselves without feeling guilty.

dimples

Yes, it's very hard to make that adjustment. That's what marriage is all about COMPROMISING!! Sometimes we have to do things we don't want to. Work together!! You will be okay.

YOU SHOULD HAVE A JOINT ACCT & SEPARATE ACCTS

Jason B

Start in $1,000,000
If you have this already
its time to marry!!!

oreo29

I do-what is mine is his and what is his is mine!

mymymissmai

my husband and i do not have a joint account. we believe that although we can share our lives together...some things we do not need to share...like our money. don't get me wrong, we're not the types that think money is important. it's the fact that if we had our own money, we can go and do whatever we want with it without asking permission from our significant other. plus, it helps us not to get controllive with one another.

david w

how do you think you can know the answer like that

lpaw44

the smart ones

Mr Confused

I WISH I NEVER PUT ALL MY MONEY INTO OUR JOINT ACCOUNT!!! That is the worse thing to do, iwould get nagged about why are you spending this and that!!! and we should have just had a joint account and then our own seprate account. But I make way nmore than my wife so that was always the problem n itself!!! but if i could go back i would defintely change the finances

Discovery

my husband does't feel comfortable if i pay the bill, he thinks men should support the family, old thinking, so i let him pay all the bills. i just find ways to book and pay for vacations.

nuwanusa

share the bills

I am therefore I think

Hi,
There is an easy way to avoid all of the common money fights. Get a joint checking account.
Figure up your common monthly expenses rent,food ,kids clothing...
Do not including personal variables like your own clothing or your golf lessons.

Now if you make equal amounts of money put in equal shares
If one person make a good deal more than the other put in equal percentages of you income. Even if one person works part time and takes care of the children, the child care is taken into account by the percentage being the same the partner who works full time pays more.

Then you each have your own money left over to be independent with and feel comfortable the bills will be paid.

purplepatty

i never had a joint account when i was married, i was the one always earning the money and paying out but when the tables turned and he was working more than me he didnt like having to pay out so i was glad to keep my own account as it meant he couldnt just take from a join account.......but every relationship is different when it comes to this

Mama Mia

Oh come on now,,,,,,Life's too short to put Money above love and relationships....If you feel better, just have a pre-nuptial and agree to just share whatever in the joint account. If both of you decided on a separate acct. on the side, so be it....but for crying out loud, just be happy in life!

Jessica

me and my husband put everything in the same acct. What his is mine and what mine is his.

skinnyone

I didn't read all the answers you've gotten but married couples shouldn't but all their money into a joint account. It has nothing to do with how much or how little each person makes. It's just smart. Joint accounts are for paying bills and saving for old age together. each person should have an account of their own because it's important to have something that's yours, that you don't have to explain, feel guilty over or worry about how the other person's going to feel about it. Each person has the freedom to do what they want. Marriage isn't about giving up your freedom or yourself, it's about sharing your life and understanding that. Go see a financial adviser and then make up your mind.

cristanine

When a Man and WOman meet the ends to say lets work together and fullfill our dreams they must compromise and be on the same level of financial responsibility. In most cases ther Man will do what he can to please his wife and do without the things he wants for the mere sake of preserving his love for her and when she is just as responsible with money they both will do just fine.

as soon as my sweetie moved in we went joint........ added a couple savings since we married....... we both have a savin in our name.....but we both know what is there.....

maes_quest

We share everything equally.

Jan G

It should be up to the couple. We had joint when I wasn't working and when I was working we had separate. We each had certain bills to be paid out of our accounts. Now Im not working and its joint but we have been married for 26 years and that is a long time. :)

averilyn06

i am not getting a join account. my grandma has been married for 50 years and she does not have a joint account with my grandfather. they lasted this long and therefore i will follow their foot steps. she told me not to do it so i will not. my aunt on the other hand has a joint account and her credit along with my uncle is Horrible. they have the worst credit. she took out another account to have of her own and is hiding it from my uncle. oh one more thing don't let alcoholics, drug addicts, or anyone with a spending problem to have an joint account with you. But i would not mind putting my name on my husband's account becaue i have no problem sharing his money.

aaina f

i do**************************************...

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