Marriage is the union of two lives… and two bank accounts?
I’ve talked with many different married couples and have heard varying opinions on having a joint account. Most of the responses I’ve heard sound like the following:
I’ve talked with many different married couples and have heard varying opinions on having a joint account. Most of the responses I’ve heard sound like the following:
“We keep everything separate. I have my own account and my wife has
her own account. As long as we
split most of the bills 50/50, she can do whatever she wants with her money and
I can do whatever I want with my money.”
“I don’t
trust my husband with access to my bank account. If he can’t control his own credit card spending, there is
no way that I am going to let him touch my money.”
“I believe
in having 3 main accounts: mine, yours, and ours. This allows us to equally contribute to our shared living
expenses such as rent, groceries, and bills. We should take individual responsibility for our own money.”
What is your attitude towards having one joint account in a marriage?