ANSWERS: 20
  • I think its a good idea for them to keep their money separate, but to each their own.
  • Yes definitely
  • 7-23-2017 It is almost impossible to follow a budget when two people are spending the money in a single account. Split it up so you both know your exact limits.
  • I think It is a wonderful Idea to keep their Money.
    • Linda Joy
      From what I understand you're not married. It looks good in theory, but in practice when they start asking you can I have this can I have that you start to feel more like a parent than a partner it's not so much fun. Especially when you're the one that has to pay all the bills and make it all work because they turned their money over to you. Been there done that, didn't like it. I prefer a responsible adult for a partner than a child that wants you to be their parent and absolve them of any responsibility.
    • Camila Henry
      Yes! They should have separate account.
  • No. When you get married, you're in a partnership. Keeping money separate, to me, is half-assing it.
    • Linda Joy
      Valid point. I can see benefits to doing it both ways, but the full partnership factor is key regardless of which strategy they choose! Too many get caught up in 'yours' and 'mine'. Legally once you're married anything they screw up goes on YOUR credit rating, too, regardless of separate accounts!
    • Hardcore Conservative
      I just don't get the point of keeping it separate. What does one plan on doing with the mortgage? Each write a check for half the amount? Electric bill? Each one shop for their own groceries, or one person does it and owes the other money for their half of the milk? Dumb.
    • Hardcore Conservative
      If you don't trust the other person with money, you're marriage is already doomed.
    • Linda Joy
      Separate accounts doesn't necessarily mean separate money. It just means the other person can't write a check and 'forget' to record it and screw up the check register. I think as long as the two agree on how to spend the money its fine either way. But if someone doesn't understand how math works they shouldn't be in charge of the bills unless they work on a cash only basis! Just sayin'
    • OrangeDonRump
      We put money into one family checking account to cover mortgage, car payments, insurance, cell phone bill, groceries, car fuel, utilities, etc. Then have our own checking accounts for other stuff -- like buying gifts, so the other person can't see ahead of time what or where you've spent money on them for a special surprise...
  • Well I"m gay so obviously never married but I could never understand why some couples COMBINE all their money! Excuse me?? I'd want my own money under my control.......you can always get together when it comes to making those big purchases; appliances, furniture, etc...but I"d want my own money..........never combined!!!!!!!!!
    • Linda Joy
      A conditional/partial partnership then, rather than a full one? (Not that there's anything wrong with that if that's what works for the both of you.) Are you saying you're a gay man who doesn't believe in gay marriage? Or that it's just not for you? Legally when you're married your finances are combined regardless of who claims what. If they screw up money it's on your credit rating to!
    • OrangeDonRump
      "Well I"m gay so obviously never married" -- why not, it's been legal now, coming up on 10 years...
  • Depends on how responsible each person is with money, maybe each have a personal and a joint account.
  • That depends entirely on the couple. For some that is the best arrangement. For some that is a terrible arrangement. etc.
  • My husband and I do not, but perhaps for some people, it would be best. There's no blanket answer to this question; it will vary by couple. In our case, what's mine is his and vice-versa.
  • Yes, most often proves to be better, then if one of them is screwy with money, they just ask their SO to bail them out?
  • have a joint account they both contribute to. and have individual accounts (the spouse may or many not know about). it's like a prenup--just in case...
  • They should do what works best for them. If joining together in holy matrimony also means joining their finances in a single bank account, then cool. If, however, the couple feels that maintaining separate bank accounts is what's best for them, then so be it.
  • It certainly prevents bounced checks. My wife and I have done that for over 30 years and it works well for us.
  • well hubby and i have joint accounts..we trust each other.. .. maybe you feel comfy with separate accounts ..suppose many do that for their reasons
  • Yes. But they should also keep a household account where both contribute equally. I've seen too many times where couples have a joint account and the moment they separate, one runs to the bank and empties out the account, robbing the other.
  • Yes. You never know when married people are going to become unmarried people.😆
  • If it was different times, the way to go would be for each to have separate accounts, and a joint account. Each contribute half their income to the joint household account....but with the current no-fault divorce laws, and legalized golddiggery, it don't much matter....the end result will pretty much always be the same equation. Divorce=windfall profit>gal.
  • we dont and never have ..love is all about trust
  • it might make their split ups easier
  • We do.

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