Personal Finance

3856 readers

1 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] 2 points 1 week ago

My partner and I have a joint account that is used to pay for any shared expenditure (boring stuff like housing and groceries, as well as fun stuff like dinners out together and holidays). This account is funded unevenly, and that split is reviewed any time either of our incomes change - but it's always funded to the point that it covers our joint expenses each month. If required, it is topped up at the same split. Anything we are left with personally can be spent or saved at the individuals absolute discretion.