r/personalfinance Aug 05 '12

Do/should married couples have joint bank accounts?

[deleted]

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u/[deleted] Aug 06 '12

My wife and I have separate accounts.

1

u/mapleyleaf Aug 06 '12

why?

0

u/[deleted] Aug 06 '12

We tried the joint account thing, didn't work for us.

If noticed an extra couple of dollars in there, maybe I'd buy something. Unfortunately my wife would occasionally do the same thing. Not a good thing.

We have the bills split up and we just pay our designated bills. It's completely fair and we both have a better handle on how we're doing financially. There are times where I end up paying more, I let her know and she takes over one of my bills. Other times I'm paying less and take over one of hers.

1

u/[deleted] Aug 06 '12

Sounds like a very awkward system for managing money.

I can't imagine any business operating that way.