For those of you who share finances...

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iVillage Member
Registered: 03-26-2003
For those of you who share finances...
11
Thu, 01-12-2006 - 5:03pm

BK's post in the Roll Call made me curious - for those of us out there who share finances with a spouse or significant other - how do you handle money together?

All my best,
Danni

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iVillage Member
Registered: 09-25-2003
Sat, 01-14-2006 - 8:29pm

We've had a joint account since before we got engaged. We turned his account into a joint chequing, and we have a joint savings account off of that. I have my own savings account as well. I deposit enough money into the joint for DH to pay the bills, and deposit the rest into my savings for debt repayment. (I don't have a chequing account).

We change how we deal with money depending on situation. Right now, if he pays bills, he has a better idea of where we stand with money, ie., we're broke, and he'll spend less. Before we got joint accounts, he had creditors calling, electricity being turned off, etc. I'm a bit better at juggling.

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