Comments on: Did You Say Joint Account? http://www.thefinancialblogger.com/did-you-say-joint-account/ This is where your finance takes place Mon, 01 Dec 2008 19:16:14 +0000 http://wordpress.org/?v=abc By: telly http://www.thefinancialblogger.com/did-you-say-joint-account/#comment-1214 telly Thu, 15 Nov 2007 18:10:08 +0000 http://www.thefinancialblogger.com/did-you-say-joint-account/#comment-1214 While my husband and I do share accounts, we also give ourselves a cash allowance each pay period to be spent however we like. If we go out to dinner, we split the bill. It feels like we're dating again. :) So I'm sure, somewhere, someone has heard me say, "I owe you $20". But we're definitely not getting into a brand new Mercedes! :) While my husband and I do share accounts, we also give ourselves a cash allowance each pay period to be spent however we like. If we go out to dinner, we split the bill. It feels like we’re dating again. :)

So I’m sure, somewhere, someone has heard me say, “I owe you $20″. But we’re definitely not getting into a brand new Mercedes! :)

]]> By: The Financial Blogger http://www.thefinancialblogger.com/did-you-say-joint-account/#comment-1206 The Financial Blogger Thu, 15 Nov 2007 01:14:27 +0000 http://www.thefinancialblogger.com/did-you-say-joint-account/#comment-1206 Stefan, I completely agree with you. When I was young, I used to work in a Dollar Store. Once, a couple in the 40's come to pay. The husband is paying the bill ($8 or so) and tell his wife " you owe me $4". I watch them leaving the store to get in their car... a brand new Mercedes... Stefan, I completely agree with you.
When I was young, I used to work in a Dollar Store. Once, a couple in the 40’s come to pay. The husband is paying the bill ($8 or so) and tell his wife ” you owe me $4″. I watch them leaving the store to get in their car… a brand new Mercedes…

]]> By: Stefan http://www.thefinancialblogger.com/did-you-say-joint-account/#comment-1196 Stefan Wed, 14 Nov 2007 15:57:33 +0000 http://www.thefinancialblogger.com/did-you-say-joint-account/#comment-1196 It drives me crazy when i hear a married couple or people in a serious relations living together talk about their money as "my money and your money", and of course they each have their own accounts. I have friends who always say the other is spending too much on something, but its ok because it "his or her" money now mine. What? when your together I think the money should be pooled together, then you both set your goals about what you want to do with the money. You make a budget for what you can spend on frivilous things. When you save, you are both saving together, not "you save $50/mo in your act and I'll $50/mo in mine", how the heck does that work? Have one savings acount again that you pool you money into together. Having so many seperate accounts is also a nightmare when it comes time to organize everything. If you can't trust your partner not to "steal" all you money in a joint account, then why are you with this person in the first place? Money is a tool we use everyday to live our lives and plan for the future, it is something that you do together, not seperately. Just my opinion... It drives me crazy when i hear a married couple or people in a serious relations living together talk about their money as “my money and your money”, and of course they each have their own accounts. I have friends who always say the other is spending too much on something, but its ok because it “his or her” money now mine. What? when your together I think the money should be pooled together, then you both set your goals about what you want to do with the money. You make a budget for what you can spend on frivilous things. When you save, you are both saving together, not “you save $50/mo in your act and I’ll $50/mo in mine”, how the heck does that work? Have one savings acount again that you pool you money into together. Having so many seperate accounts is also a nightmare when it comes time to organize everything.

If you can’t trust your partner not to “steal” all you money in a joint account, then why are you with this person in the first place? Money is a tool we use everyday to live our lives and plan for the future, it is something that you do together, not seperately.

Just my opinion…

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