For those that do have joint accounts (checking and/or saving) do you put in equal $ amounts or equal percentages of salaries? Dh and I don't make the same amount of money and I wonder what the best way to do this is? We have a joint savings account where all of our wedding money went to, but haven't started officially saving in that account yet. And we don't yet have a joint checking...I pay the bills out of my checking account and he reimburses me (most everything is in my name still because he moved into my place).
Espo22
Posted:
Member since
Re: Spinoff to Joint accounts
Posted by emcheung
My FH and I still have separate accounts. Having the same account at this point (before marriage) is probably going to lead to lots of arguments about who's spending how much on what useless stuff. So in order to save money for the wedding, we both have high yield saving accounts from emigrantdirect.com. the interest is about 5%. we each promise to put in a certain amount monthly. When we are ready to put down payments or make payments at the end, we'll take it from our high yield savings. whatever is left over will be combined into one account. and eventually we will probably both have one checking account. but until then, i don't think i like someone watching over me on how i spend my hard earned money!
It doesn't have to be like that...He doesn't watch over me and never says anything about what i spend money on. I have also been real good with saving so he can't complain...I also never tell him what to do with his money or even keep track or pay attention to what he is spending. As long as we have the money needed for our wedding payments and all the extra stuff then that is fine.
lacey&mark
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Re: Spinoff to Joint accounts
both of our checks are direct deposited into our joint checking and we have a set amount that transfers over to our joint savings each week. i pay our bills with the money in our checking. our money is our money, there is no mine or his anymore.
Ilovebriani
Posted:
Member since
Re: Spinoff to Joint accounts
we are prob both just gunna put in what we can afford to each month. He usually pays for most things since i have tons of bills (ie: student loans, which he does not have)...but i have a second job and he does not, soooo...we will prob end up putting in about the same.
