Question: Separate Accounts?
Total Votes: 20
I'm just curious if you and your DH / SO have separate checking accounts. DH and I are attending a marriage enrichment class (it's a really fun filled class) and they are advocating if we trust each other we would have a single joint account. We've found 2 accounts work better for us. Each account is a joint account, but each of us is responsible for one of them.
We have found this works best for us. We use one account to pay for groceries, household items and gas for the vehicles (I commute to work and use 1 1/2 tank of gas each week). The other account is used for paying all the bills (electricity, credit cards, phones, etc...)
I also got tired of DH complaining about the amount of pet food we go through (3 dogs & 3 cats). So I use my account for that.
If you have joint accounts, how do you keep it balanced? DH and I use our ATM cards for just about everything - it gets hard keeping track of all the transactions - how do you do it when 2 people are using the account?