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joint accounts, or do you have your own

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Posts: 4,945
2/7/13 11:44 A

joint account

Posts: 284
2/7/13 11:41 A

We have two joint accounts -- one for expenses and one for savings. Then we both have our own separate accounts.

Edited by: RASIRE at: 2/7/2013 (11:46)

Posts: 697
2/7/13 11:39 A

We are a one pot family and it works well for us. I have friends who have seperate accounts and it works well for them. Whatever works, that everyone is happy with!

SparkPoints: (87,732)
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Posts: 6,475
2/6/13 12:57 P

joint, but some cds in my own name, plus a checking in my own name

Posts: 1,038
2/6/13 12:24 P


SparkPoints: (127,022)
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Posts: 2,241
2/6/13 11:00 A

Joint everything with right of survivorship...

SparkPoints: (107,673)
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Posts: 5,855
2/6/13 10:53 A


SparkPoints: (47,087)
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Posts: 3,116
2/6/13 10:44 A


Posts: 37,317
2/6/13 10:41 A

joint account

Posts: 3,132
2/6/13 9:55 A

We have separate and we split the bills to make things even.

Posts: 2,667
2/6/13 8:12 A

We have both.

The bills are handled from a joint account.
It's actually his only account, as well.

I, on the other hand, have a couple, but he knows of them, and one in particular is used for his school fees, etc., so it's kept separate from others - and we know exactly what's there (and what needs to be there)

SparkPoints: (155,498)
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Posts: 10,159
2/6/13 7:59 A

Separate. We got married a little later in life and it's just easier. He handles the rent, the phones (got a great deal) and I cover the utilities and such, so it balances. We share in the groceries.

Posts: 3,026
2/6/13 6:01 A

My husband and I have two joint accounts but I use one for all of my banking and he uses the other for his.

Posts: 7,634
2/6/13 5:19 A


Posts: 17,197
2/6/13 5:18 A

His, mine and ours

Posts: 1,957
2/6/13 5:00 A

both...joint for household expenses; our own for whatever.

SparkPoints: (100,315)
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Posts: 17,940
2/6/13 4:02 A


Posts: 4,707
2/6/13 3:34 A

I have my own

SparkPoints: (26,830)
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Posts: 720
2/6/13 12:32 A


Posts: 366
2/6/13 12:17 A

One household acct. One joint education acct. that we share with our college age son. I should say, I put money in and he takes it out! Hubby has his play money acct.

SparkPoints: (101,509)
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Posts: 2,953
2/6/13 12:10 A


SparkPoints: (105,065)
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Posts: 2,718
2/5/13 9:27 P

My own account

SparkPoints: (97,381)
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Posts: 5,373
2/5/13 9:27 P

My fiancÚ and I have separate accounts, and I don't for the time being see a reason to change that.

Posts: 1,760
2/5/13 9:20 P


SparkPoints: (76,242)
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Posts: 1,307
2/5/13 8:59 P

Other than retirement accounts, they are joint.

SparkPoints: (129,993)
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Posts: 15,281
2/5/13 8:34 P


SparkPoints: (120,030)
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Posts: 5,286
2/5/13 8:20 P


SparkPoints: (65,366)
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Posts: 2,833
2/5/13 8:19 P

I am single and I have my own.

SparkPoints: (161,260)
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Posts: 7,125
2/5/13 8:15 P

We have both

Posts: 160
2/5/13 7:16 P

We started seperately and got a joint for bills. He now stays home full time with our child and uses the joint.

Posts: 2,450
2/5/13 7:14 P

I would have 1 joint for house bills the things you would split.

Then have 1 for you and only you can get into the account.

Having your own isn't a secret it is just something you can control.

SparkPoints: (28,861)
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Posts: 1,778
2/5/13 7:12 P

My husband and I have separate accounts he has his own business and its just easier. But we share the same home office and everything is laying out so either one of us can look at the others account at anytime, no passwords, no secrets.

SparkPoints: (129,515)
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Posts: 12,065
2/5/13 7:10 P

i have my own

SparkPoints: (80,371)
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Posts: 2,099
2/5/13 7:08 P

everything is joint

SparkPoints: (114,707)
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Posts: 4,638
2/5/13 6:53 P

Joint for two, but I have a savings of my own.

Posts: 5,458
2/5/13 6:45 P

joint for the last 27 years, it has always worked for us.

SparkPoints: (7,036)
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Posts: 386
2/5/13 6:29 P

My own.

SparkPoints: (39,642)
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Posts: 789
2/5/13 6:07 P

My husband and I keep joint savings for the down payment account and our emergency fund, and a joint chequing account for rent, insurance and other major expenses.

Otherwise, we each have our own chequing accounts and 'pay' the other accounts each pay day. We pay for our own phones, I pay most of the household bills like cable, he pays for any car-related expenses since I almost never use the vehicle. We alternate groceries and other expenses based on who was most recently paid. We both have different budgets set up because we both prefer to handle money in different ways. As long as we're each covering our share of the expenses, it's all good.

We had both had a good decade or so of living on our own before we got married, so by that time you usually have some fairly set ways of dealing with responsibilities. We've adjusted some of our habits to make it easier to manage a combined household, but for the most part we've carried on with how we handled things before we were together.

Posts: 448
2/5/13 5:57 P

We have his and mine. But we do have access to both, if ever needed. We don't go into to one another's accounts.

Posts: 261
2/5/13 5:41 P

We use my account for everything.

Posts: 1,264
2/5/13 5:20 P

My dh and I have a joint checking and savings account. We are a single income household. Dh puts money in and I am in charge of paying the bills.

When we got married I had my own bank account. I also had more bills than dh. Over time that changed and it was easier to have everything together.

Posts: 954
2/5/13 4:15 P

have my own

SparkPoints: (1,570)
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Posts: 15
2/5/13 3:53 P

My husband and I have done it both ways, joint and seperate. It just works better when we have a joint account. I keep up with the checkbook and pay all the bills, but he works for the money just like I do. He always knows to the penny how much we have in the bank, whether in checking or savings. All our belongings are jointly owned. And if we split up, it won't be a problem, because I tell him if he leaves me, he has to take me with him!

Posts: 67
2/5/13 3:45 P

Everything is joint with full access by both. One of us is the primary income producer and the other one takes care of managing all the money (meaning paying the bills, tracking investment values, etc.). We are both of a like mind when it comes to spending: frugal. We always talk about major purchases - and even minor ones for that matter. I might ask, "why were groceries so expensive this week?" only to be told, "chicken was on sale so I bought four and froze them and we needed XYZ this week, too." Full and complete trust on both sides.

SparkPoints: (15,605)
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Posts: 2,171
2/5/13 3:11 P

I live with my SO, but I refuse to do anything jointly financially (buy a car, buy another house, buy a 5th wheel, anything like that) with him until we're married. After marriage I'd imagine we'd have a joint account for joint expenses like bills and purchases for the house, but still have our own accounts for "fun money". He makes about 3x's what I do too, so I don't think it would be fair for me to have access and spend his money on things that aren't for him.

SparkPoints: (103,327)
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Posts: 10,776
2/5/13 3:04 P

I did before my divorce and never will have another as I was ripped off! emoticon

Posts: 325
2/5/13 1:05 P

Whatever works for your family. I'm a sahm for now and we only have joint. However, we'll keep it that way when I go back to work also.

SparkPoints: (3,440)
Fitness Minutes: (1,215)
Posts: 109
2/5/13 12:49 P

Separate accounts, but one joint one for bills. We agree before hand exactly how much each person is going to put in for bills, and the separate accounts stay separate.

Posts: 1,809
2/5/13 12:48 P

One income with one account. I am a homemaker, but even if I do work for a paycheck it will be one account. I know seperate acounts have become the new way, but it is odd to me. I wouldn't go for it, it's almost sounds insulting.

Posts: 866
2/5/13 11:48 A

this was a poll question on the news this morning, My husband and I have our own, i dont know his passwords for his and he doesnt know mine. We both like it that way, the bills are paid and it gives us something of our own. Just wondered how everyone else felt.

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