Personal Finance

3856 readers

26 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago

MODERATORS

[email protected]

Shared account with SO (lemmy.world)

submitted 1 week ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

For the last decade or so, my SO and I have been more or less dividing our expenses, and Venmo/ PayPal-ing the other as needed (rent, etc).

I know a lot of couples use a shared account that they both contribute to via direct deposit. How many of you do this? Any drawbacks or other options I haven’t mentioned?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 1 week ago* (last edited 1 week ago)

Married 30 years. His check goes into one account. Mine goes into another. We both have access to all accounts. I handle all the bills. We used to put both into one checking account - once our debit card was stolen and they spent so much money that we were still negative after both checks went in. Then we split them so there'salways a backup just in case.