We have a joint where basically he puts in a $200 allowance for me to spend on baby. If I need more I ask and I have my own debit card.
We juss share an account. Our money goes in, we pay bills, the remainder is for us to use as we see fit. It works because of trust and respect for each other.
We share money completely. One account we can both access but I do all the budgeting & bill pay.
I don’t work so we share an account, and even when I did he made more money so it just made sense. We just try and keep each other updated on what we’re spending and if we’re gonna splurge it’s usually on something for the baby or family. My husband works hard though so sometimes I let him splurge. We both know when bills are due, he pays them and I make sure it gets done lol!
I had a horrible experience with a joint account when I was previously married to my first husband. He drained it and claimed there was fraud happening. I would suggest separate accounts- but especially if you start to have any kind of major conflicts in marriage or in your relationship. Things can get nasty as far as money and divorce - just thought I would send out a warning! Two people can love each other deeply and have two accounts too!
Get the free app