When you get married do you think the couple should have a joint bank account or seperate ones?

tenaciousd

Different things work for different couples. We have tried it both ways and ultimately found that separate accounts work better for us. He has his bills and I have mine and we each have an obligation towards savings (he does retirement and I do kid's college fund) and a little bit of personal money. It works for us because before we kinda argued about who was spending what and why do I have to do all the finances, etc. Of course if only one of you works, this doesn't work or if he can't be trusted financially. My recommendation is, you have separate accounts now so keep it that way, you can always change it later. Before you marry just decide who will pay what bill and agree to a budget. You do have to trust eachother more to keep separate accounts.

kate154

Have two personal accounts for personal expenses. and a joint account solely for bills.

Danny Michelle

Both, keep separate accounts for personal spending so neither of you can complain when the other buys something one might think is outrageous. Have a joint account for bills and household spending.

Shannon

You should have all 3 and agree upon how much money you each put into the joint account.

Really though, if you are assuming you are going to get a divorce... why marry?

Julie M

Get a third bank account that you would use to pay household bills etc with

KalynnW

i know most financial is a advisors will tell you to have them seperate, but our pastor told us he wouldn't marry us if we were not going to get one. his opinion is that a marriage joining of two people and all their belongings, if you can't trust the other with money, etc then you shouldn't be getting married in the first place. Money is one of the biggest causes of divorce, but in my opinion having a joint account has never caused a divorce, people, and choices, and behaviour cause divorce. it's all about being wise with money, and contributing to the best of each person's ability. we have a joint account and each our own seperate accounts. bills and important stuff comes out of joint, and our own accounts are for 'reckless' spending, although all are closely monitored by me online, so the important stuff is done first, and we each have a set amount to do as we please with.

Piggy

Seperate, definately. Been there, done that. Have a joint one ONLY for bills if you must, but believe me, it'll save a lot of arguments iff you keep money apart.

Just Surfin

"Joint or separate accounts?" Yes.

We have a joint account that we use to pay household bills and groceries, large household expenditures, car payments, etc. About 2/3 of our paychecks go into this account.

We have a separate mortgage account set up so that we never face the "oh crap, we didn't budget right and now we can't pay the mortgage" dilemma, and we both contribute to that.

We also each have our own separate account, and "what's leftover after the joint accounts are funded" goes in there. That's where we pay for things like gas for our cars, lunch at work, or any sort of "fun stuff" that we want to buy for ourselves.

It works out wonderfully. We make sure the household bills are paid, then can do what we want with what's leftover - save it, spend it, whatever. I don't have any say about what he spends "his" money on, and he doesn't give me any grief about what I spend "my" money on.

Heather

It helps to have one bank account that both your checks get direct deposited into, but on the other hand it can work both ways. Honestly, it's whatever preference you as a couple have. Some couples want their own money to play with. Others have more bills they need to pay off and they use both paychecks to do it so it makes more sense to just have one bank account. All just depends!

gem

i think you should have separate bank accounts.

BabyGirl

well I'm a control freak when it comes to money. Plus my soon to be ex husband is a major loser and can spend a dime in the right place soooooo yeah I control the money I pay all the bills and I buy the bacon!!!! I never did nor never will trust him with money. I think two separate accounts is not bad but there must be 100% trust and HONESTY!!! I'd say keep separate accounts but make the statements available for you guys to see it when needed. But your case isn't really a trust issue like most of us its more of sake of convenience just try to work out a method for both of you without fight :)

Josh

keep your separate ones and then have a joint one to pay the bills out of. you can have the money transferred automatically every month and have your bills paid automatically. you can do this with a savings account as well for those getaways together

tweety

This just kills me how can 2 people who are married have separate banking acct. New flash when you get married you become as one. What yours is his and what his is yours.Take both of your pay checks and put it into one acct. pay your bills together what left in the kiddie put some into savings or just in the acct.For the life of me I can not understand how I'll hear people say "yea my husband owes me money or the wife asks to borrow money from the husband" In my house everything is treated as one if I have 100.00 my husband has 100.00 if he has 2.00 I have2.00 . None of this it's mine .Some people need to know what the real meaning of marriage is. Because in the long run if he goes down so do you.

Lane

seperate if he's a bouncer

â™¥Mrs.Mysteriousâ™¥

I think that they should have separate ones because there is no more together now it's every person for themselves.It will just get very messy because y'all will fight over who has the most money so separate before it's to late.

zero tolerance

separate. and he should pay for everything from his account

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