Share money?

here in our country it's quite different because all the salary of the husband will be given to the wife and we still practice that in our own home and the wife will just give the husband his allowances everyday or if he wants to buy something for himself. For bank accounts we have 2 bank accounts also one from his name and one is mine but most of our extras we put it in his bank account, although we have different bank accounts but everytime we withdraw it has to be informed by one another more or less it would still be the same as sharing accounts.

Right now we have separate accounts and when we get married we will still have separate accounts. I feel more comfortable knowing we both have our own accounts to use when we want to. I can use my money for gifts for him and vise versa. I know that I am spending what I earned not his money on my own bills I feel like he shouldn't have to "bail" me out of my troubles right now.

[i]HI ebsharer, Hubby and I have 2 accounts and the other one is for my online stuff but we also both use the money...I don't have regular job this time so he pays all the bills! LOL! [/i]

My wife and I have separate accounts, but we both have access to the money in both accounts. We tried just having one bank account, but we found that it was too hard to keep up with how much we had left with both of us spending money throughout the week. I opened another account to try to help simplify things. She uses the one that we used to use together, and I use the other account that I open. We each pay bills and stuff out of our accounts, and we put money back and forth between the accounts as needed. It sounds more complicated, but with both of us needing gas money or paying for lunch or whatever else during the week, it is much easier to keep up with our own accounts. This way I don't have to worry about forgetting to tell her that I went to the store so the money could be taken out of the checkbook register. It may not work for some people, but it works well for us. We work different hours and do days at a time without seeing each other, so it would be really hard to keep track of our spending out of one account...

Yes we share a bank account, we always have. He is the only earner of the house and I get money to top up the income and money for the kids and it all goes into one account. I work out each month the amount of money that has to stay in for bills then I put some money in saving accounts for different things and then whatever is left is split between us weekly like pocket money. I would not let him have control over the account or else we would be in debt he is absolutely useless with money.

My boyfriend and I have been together for 8 years but we have seperate accounts as he is horrible with money. Splitting the bills is easy, we write checks for half the rent and then I pay the cable/internet bill and he pays the phone bill, then we both pay for our own personal bills like insurance. I dont think we'll ever share an account unless he miraculously cures his bad spending habits. Im a penny pincher, he just blows it, so at least the way we have things now I know he's not going to put us completely in the poor house.

I have the same setup like you. Hubby and I share the same bank account. All money that we have go to one account, and all expenses come out from it. We never have an issue about that. The only agreement we do is that if one wants to buy something that will cost a lot of money, the other person gets consulted person first. I know this kind of arrangement might not work with everybody, depending on their unique circumstances, but for me, this works. In some way it involves a lot of trust and an open communication, because if not handled properly, money issues can cause a lot of problems.

well we don't have a joint account. he pays the rent and i take care of the rest of the bills. right now it works for use.

And I totally agree with you on this subject. And it is one of the biggest reasons why there are so many divorces today. In today's society it is my money and your money. It isn't our money, anymore. It is one of the reasons I am not living with my husband right now. He had his account and I had mine and I wanted to join accounts so we would have one account and share it and he wouldn't do it. So when I couldn't work for about a year and half, I never had any money because I had no income coming into my account. So whenever I wanted anything at all I had to ask for money from him. I hated that I always had to ask for it and then I had to explain why I wanted it and if he didn't agree with my reasons I never got any money. It was horrible and I am now working again but it meant I had to move to a different city than my husband lives in. But I will never have to ask a man for money again. It was humiliating. My point is that now adays it isn't sharing anymore when people are married. It isn't a total commitment, to me. This is just my opinion. Alrighty then, talk to you later my friend, Have a good day, your friend Chris

Me and my husband have always shared a bank account as long as we have been together. We even had a joint checking account together during the year before we were married. It's easier to have one checking account that both of our money goes into. Currently, I am a stay-at-home mom and do not work. My husband earns all of the money (except for the little here and there that I earn doing various things) but I am in charge of finances. I make sure all of the bills get paid and decide how to shift things around if we are short of money one month. He works a lot and doesn't want to have to be bothered with it. So, it's not really like I am confined financially even though I do not work. I do my fair share of work for our family, so I'm not financially limited in any way by him. I can spend money if I want to and the money is there.

For me we do not have separate bank accounts. Also we share practically all the responsibilities. So I do know some people that do have separate accounts but I think that it was because of the man not trusting the woman not to overspend the money in the account. She does like to spend and does not care if the account goes overdrawn. So they do not share an account. My husband and I do share. He is usually the one who spends more than I do until it comes to like christmas shopping or something like that when I shop for children because he already knows that I do not like to shop for myself.

We share a bank account. I don't work now but when I did, the money from my check went into the account just like his did. We then decided what bills to pay. We give each other a little "allowance" to spend as we please but the rest went towards bills and savings. I feel that a married couple is "one" and they should share the bills. That's the same with my paypal. I don't feel like it's mine. I think of it as ours and we use it for what we need it for.

We share bank accounts. We always have shared accounts so we know what each other is doing and the cost is minimal. We have always combined our money so both can see what we spend where. Nothing is a kept from the other and everything out in the open.

Even before I packed up work we had a joint bank account like you we always had everything go into the one account family allowance everything, we go shopping once a week or our monthly trip to town to buy clothes ect if needed.I know women who guard their bank account like the holy grail maybe they are frightened their husband or partner will help themselves,we have always shared everything and when I get vouchers or money from my surveys we always decide between us how to spend them, mind you it is generaly excepted that they get spent on grandchildrens birthdays ect because that takes the strain off the bank account.I have purchased quite few christmas presents as well.It works out well for us that way.xx

Well, we have Seperate accounts, and actually it works good for us this way. We have been Married now for almost 10 yrs. and this is the way we have always done it. There for a while, I had some major Health issues and had to be on Disability so I had to have a seperate account, and then when I went back to work Full time, we just decided to continue to leave it like this, and things have worked out with no real problems. For the most part, I pay things like the Phone Bill since the Cell phone is in my name, and I buy the groceries, and then help out with the other bills in the house besides my past unpaid Medical bills as well. For us, it seems to work with no major problems, but for others it could be harder to do. It just is something you decide from the beginning and see what continues to work the best for you as well.

I have only one account in my name. My wife is a homemaker. She manage the house and i work ane earn and manage all the expenses.

My husband and I have two bank accounts only because it is easier for us to keep track of our financial activities that way. We use direct deposit for my pay check and his disability check...one into each account...so we can easily verify that the funds went in. In my husband's case, he does a lot of business, on and off Ebay. He builds motorcycles so he buys parts....and resells them if they turn out to not be what he needs. He also builds Harley Choppers and has both bought and sold motorcycles on Ebay. It's easier for us to keep track of those activities if all of the Ebay/Paypal transactions are confined to one account. The other account we use for paying bills. We both *own* both accounts equally, the same with our credit cards, so we do keep each other informed on our spending, but neither of us feel that the money in either account belongs to only one of us.

I and my husband are sharing one common fund which answers for all the expenses and bills at home. However because both of us are working we have a separate personal bank accounts where we keep extra money for our own personal needs like when we want to buy shoes or clothes or gifts for friends and loved ones.

Hi, Sounds nice.. I prefer to hold a separate account and have my own savings.. So we both have separate accounts.. As I am not employed, I take incharge of grocery and household expenses,my own expenses (beauty, etc) for which he transfers money to my account, which includes my pocket money as well to take care of my own expenses.. Rest of the bills like electricity , house rent , loans are taken care by him.. Regards, Akila

Ohh yes! I do share my money with my husband and its not an issue between us. we do have joint account in the bank. I need to give him my money or else I would spent it all in a day.