Recent Topics
Ford Pickup Front Wheel Bearings 2WD
by benjamming. 12/14/18 10:52 PM
GMC oil fill tube
by Redright9. 12/14/18 10:24 PM
Where do I buy Toto toilets? That has them!
by Vern_in_IL. 12/14/18 10:04 PM
Best filter cutter for the price?
by DONWATERS. 12/14/18 09:38 PM
5W-40 vs 10W-30 for a 2018 Audi A4
by jcr1293. 12/14/18 09:25 PM
Gave up on quadrajet electric choke today...
by leroyd92. 12/14/18 08:54 PM
2015 Odyssey - Which synthetic ATF?
by AngryScientist. 12/14/18 07:56 PM
Hyundai extended my warranty
by ernied. 12/14/18 07:33 PM
2016 Traverse 6350mi Schaeffers 9000 5W30
by chevman4life. 12/14/18 07:21 PM
Oil filter for Canadian winter
by Popsy. 12/14/18 06:11 PM
12-14-18 only! Irwin vise @ Menards. $99.99
by Kruse. 12/14/18 06:01 PM
10" Subwoofer - $6.52 Each
by Greg L. 12/14/18 05:31 PM
Finding 507.00 spec oil
by sloinker. 12/14/18 05:31 PM
New Tires for the Old Chevy!
by dogememe. 12/14/18 05:09 PM
Back to Basics II
by MolaKule. 12/14/18 04:31 PM
"SG(+)" 15w40 or better oil 1987 BBC 454
by F239141. 12/14/18 03:52 PM
Newest Members
NEKGuy, Deltafaatl, wsalopek, jcr1293, maxwellk
66684 Registered Users
Who's Online Now
27 registered members (crinkles, anndel, CT8, citationxeleven, Char Baby, BlakeB, 1 invisible), 781 guests, and 39 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums67
Topics295,091
Posts4,927,643
Members66,684
Most Online2,553
Oct 27th, 2018
Donate to BITOG
Previous Thread
Next Thread
Print Thread
Hop To
Page 1 of 4 1 2 3 4
Do you keep separate accounts being married? #4556916
10/28/17 07:25 AM
10/28/17 07:25 AM
Joined: Mar 2008
Posts: 6,135
Michigan
ZZman Offline OP
ZZman  Offline OP
Joined: Mar 2008
Posts: 6,135
Michigan
My wife and I throw everything in the same pot and always have. Many people I know keep separate savings or checking accounts or split bills a certain way.
What is your method?


2003 Mercury Grand Marquis. PP HM 5w-30 and Fram Ultra
2008 Sebring Hardtop convertible. PP HM 5w-30 and Fram Ultra
2006 Kawasaki Vulcan 900 LT. Motul 7100 10w-40 and K&N
Re: Do you keep separate accounts being married? [Re: ZZman] #4556920
10/28/17 07:30 AM
10/28/17 07:30 AM
Joined: Nov 2011
Posts: 1,242
Lyndhurst NJ
Audios Offline
Audios  Offline
Joined: Nov 2011
Posts: 1,242
Lyndhurst NJ
We have a joint account that we both add the same amount to for home, mortgage etc, and we each have separate savings and checkings for other things.


2002 VW Golf TDI-Mobil 1 5/40 TDT
2007 Mercedes GL320 CDI Fuchs 5/40 GT Pro XTL
2005 BMW M3 BMW Twin Power 10/60
2003 BMW M5-Fuchs 5/40
1998 BMW M3/4/5 Fuchs 5/40
Re: Do you keep separate accounts being married? [Re: ZZman] #4556926
10/28/17 07:39 AM
10/28/17 07:39 AM
Joined: Aug 2011
Posts: 3,264
n.c.
gman2304 Offline
gman2304  Offline
Joined: Aug 2011
Posts: 3,264
n.c.
Originally Posted By: ZZman
My wife and I throw everything in the same pot and always have. Many people I know keep separate savings or checking accounts or split bills a certain way.
What is your method?
. Same situation....what’s mine is hers, and what’s hers is hers.

Re: Do you keep separate accounts being married? [Re: ZZman] #4556927
10/28/17 07:40 AM
10/28/17 07:40 AM
Joined: Mar 2010
Posts: 171
Wichita Falls, TX
86cutlass307 Offline
86cutlass307  Offline
Joined: Mar 2010
Posts: 171
Wichita Falls, TX
We keep a joint account for living expenses...house payment, monthly bills, food, vet bills...you get the idea. We also have our own accounts for fun/everyday, fuel, car insurance, etc.; we also set aside monthly amounts for home remodel stuff and so on. 401K, and payroll related savings/retirement come out as well. Works for us, I had to teach her financial discipline; took a while but finally she cam around. Debt elimination (credit cards/accounts) is they key to your money working For you instead of it always going out the door every month. Every relationship is different they say. In my opinion, only 1 person should handle 1st tier financial stuff like house payment/rent, bills, and such...much less confusion and friction. Just sit and talk through a plan that works for both and always factor in those $1000 crisis things like refrig goes out, washer/dryer goes out, water heater...you get the picture.


2014 Honda Accord EX-L, CVT 4 cyl.
2009 Toyota Tacoma TRD Sport 4.0L
1986 Olds Cutlass Supreme Brougham-2nd owner (rust free)
Re: Do you keep separate accounts being married? [Re: Audios] #4556934
10/28/17 07:49 AM
10/28/17 07:49 AM
Joined: Mar 2004
Posts: 21,121
Upstate NY
Donald Offline
Donald  Offline
Joined: Mar 2004
Posts: 21,121
Upstate NY
Originally Posted By: Audios
We have a joint account that we both add the same amount to for home, mortgage etc, and we each have separate savings and checkings for other things.


+1 - joint for common things like mortgage and utilities. But important to have our own money you can buy tools or wife buy clothes without other questioning.

We both work however. Maybe different if one stays at home. (Wife earns more than me.)


2015 Subaru Forester 2.5 engine/CVT
2015 Ford F250 w/Powerstroke
2016 Subaru Crosstrek CVT (wife's)
Re: Do you keep separate accounts being married? [Re: ZZman] #4556937
10/28/17 07:51 AM
10/28/17 07:51 AM
Joined: May 2009
Posts: 12,283
N.H, U.S.A.
ARCOgraphite Offline
ARCOgraphite  Offline
Joined: May 2009
Posts: 12,283
N.H, U.S.A.
Always been separate for the past 27 years. She didn't even take my name in marriage; Her last name is three letters and mine is ten smile No kids, so last name doesn't matter so much I suppose.

We will talk about upcoming big bills and split them by writing 2 checks (or she will write a check and Ill write HER a check for my 1/2 owed.

No arguments about money. Now I'm "semi" retired with a lower paying job we both make the same amount.

I could see if it was the 1950's and you had a "housewife" you would have a joint account.

Not in the 21st century.


2014 Nissan Rogue S CVT, OC#10 47272mi-QSUD10W30+5w20 Toughguard Filter; '17 Subaru Crosstrek CVT OC#2 ?? mi-SOA/Idemitsu 0w20 + SOA Filter
Re: Do you keep separate accounts being married? [Re: ZZman] #4556939
10/28/17 07:52 AM
10/28/17 07:52 AM
Joined: Sep 2009
Posts: 16,183
OH
fdcg27 Offline
fdcg27  Offline
Joined: Sep 2009
Posts: 16,183
OH
We have always had our paychecks (or pay ACHs, really) go into one joint checking account.
From this we pay our various bills and then divert excess funds to savings/investment.
Since we're both of the same mind financially, we don't need to worry about one of us hovering out the account.
Every situation is different, though.
If one or both spouses come to the marriage with significant assets, then they may chose to keep things separate for a time or forever.
This is especially true for those in triumph of hope over experience marriages, to steal a phrase.


18 Accord Hybrid FF
17 Forester 18K VME 0W-20
12 Accord LX 96K SSO 0W-20
09 Forester 95K M1HM 10W-30
01 Focus ZX3 118K PP 5W-20
96 Accord LX 104K T5 10W-30
95 318i
Re: Do you keep separate accounts being married? [Re: gman2304] #4556942
10/28/17 07:57 AM
10/28/17 07:57 AM
Joined: Oct 2014
Posts: 12,582
Idaho
CT8 Online content
CT8  Online Content
Joined: Oct 2014
Posts: 12,582
Idaho
Originally Posted By: gman2304
Originally Posted By: ZZman
My wife and I throw everything in the same pot and always have. Many people I know keep separate savings or checking accounts or split bills a certain way.
What is your method?
. Same situation....what’s mine is hers, and what’s hers is hers.
Seems about right.


2015 Ford F150 2.7
2018 Ford F350 6.2
Re: Do you keep separate accounts being married? [Re: ZZman] #4556951
10/28/17 08:06 AM
10/28/17 08:06 AM
Joined: Sep 2004
Posts: 21,934
Orlando, FL
Mr Nice Offline
Mr Nice  Offline
Joined: Sep 2004
Posts: 21,934
Orlando, FL
Bank / checking accounts should be joint, same for brokerage account.

Re: Do you keep separate accounts being married? [Re: ZZman] #4556967
10/28/17 08:29 AM
10/28/17 08:29 AM
Joined: May 2009
Posts: 12,283
N.H, U.S.A.
ARCOgraphite Offline
ARCOgraphite  Offline
Joined: May 2009
Posts: 12,283
N.H, U.S.A.
WHY? In case she kicks off?

Last edited by ARCOgraphite; 10/28/17 08:30 AM.

2014 Nissan Rogue S CVT, OC#10 47272mi-QSUD10W30+5w20 Toughguard Filter; '17 Subaru Crosstrek CVT OC#2 ?? mi-SOA/Idemitsu 0w20 + SOA Filter
Re: Do you keep separate accounts being married? [Re: ZZman] #4556996
10/28/17 08:56 AM
10/28/17 08:56 AM
Joined: Apr 2013
Posts: 5,902
FL, USA
gregk24 Offline
gregk24  Offline
Joined: Apr 2013
Posts: 5,902
FL, USA
Joint of course. You are married so what's yours is hers, what's hers is yours.


2012 Honda Accord EX-L K24z3
54,xxx miles
PPPP 0w20 / Fram Ultra

2014 VW Jetta SE 1.8T ea888
40,xxx miles
Castrol OEM dealer fill / OEM filter
Re: Do you keep separate accounts being married? [Re: gman2304] #4556999
10/28/17 08:58 AM
10/28/17 08:58 AM
Joined: Oct 2011
Posts: 2,994
Chicago, IL
Brybo86 Offline
Brybo86  Offline
Joined: Oct 2011
Posts: 2,994
Chicago, IL
Originally Posted By: gman2304
Originally Posted By: ZZman
My wife and I throw everything in the same pot and always have. Many people I know keep separate savings or checking accounts or split bills a certain way.
What is your method?
. Same situation....what’s mine is hers, and what’s hers is hers.

100% agreed.
100% combined accounts.
Because it is easier and because I believe in being open and honest with your spouse

Only reason to have separate accounts is if you don't trust your spouse... yikes

Last edited by Brybo86; 10/28/17 09:07 AM.

08 Honda Accord EX-L 2.4L M1 EP 0w20 145k
01 Kymco People 50
95 Lexus LS400 M1 AFE 0w30 193k
95 Yamaha Jog
Re: Do you keep separate accounts being married? [Re: ARCOgraphite] #4557003
10/28/17 09:02 AM
10/28/17 09:02 AM
Joined: Jan 2017
Posts: 137
Colorado
Bronco1 Offline
Bronco1  Offline
Joined: Jan 2017
Posts: 137
Colorado
Originally Posted By: ARCOgraphite
WHY? In case she kicks off?


Why not? In our case,the wife and I have been married over 30 years. We approach everything as a team. We handle personal spending through budgeting rather than individual accounts. Of All the things we've disagreed about over the years, money isn't one of them. And yes, if one spouse passes, joint accounts make handling finances much more simple for the survivor. If I pass before my wife, I don't really want her to have to run around to banks and brokerages with death certificates and such. That being said, I think you need to do what works for you both as a couple. There's no one right way to approach it.

Last edited by Bronco1; 10/28/17 09:14 AM.

07 F150 Lariat 4x2
07 Honda Fit
96 Ford Bronco 4x4

"If you always do what you always did, you will always get what you always got" Albert Einstein
Re: Do you keep separate accounts being married? [Re: ZZman] #4557011
10/28/17 09:13 AM
10/28/17 09:13 AM
Joined: Dec 2004
Posts: 1,019
Florida /Texas
Mackelroy Offline
Mackelroy  Offline
Joined: Dec 2004
Posts: 1,019
Florida /Texas
Really depends on the credit to me, if you marry someone with bad credit, and have them manage accounts, your are asking for trouble.

But Ive been joint for over 30 plus years, Probably not a good idea with the divorce rate, could be risky, but can be successful.

Last edited by Mackelroy; 10/28/17 09:15 AM.
Re: Do you keep separate accounts being married? [Re: ZZman] #4557013
10/28/17 09:14 AM
10/28/17 09:14 AM
Joined: Nov 2013
Posts: 873
Central Coast California
RedOakRanch Offline
RedOakRanch  Offline
Joined: Nov 2013
Posts: 873
Central Coast California
Seems weird to me to have separate accounts. No trust or money issues in my household though. My wife and I enjoy looking over the retirement, checking and stash accounts, together. We buy everything on separate credit cards to better track fraud and be able to surprise each other if needed. Paid in full every month!


1994 Ford Crown Vic 207k-Frankenbrew 0w20,30,40!
2005 Chevy 1500 Crewcab 4X4 180k-BC 0w30 $2/qt
2016 Outback 2.5 Limited 60k-shop brand?
Page 1 of 4 1 2 3 4

BOB IS THE OIL GUY® Powered by UBB.threads™