Marriage is sacred do you think that a couple should have sepearte bank accounts?

Answer 1

A married couple should have a shared account with one person in charge of managing the account. Whoever is more disciplined financially. There is nothing wrong with either partner setting up a seperate savings account. One partner may choose to save up all year long for a desired purpose, while the other may have a hobby that they enjoy spending towards.

Answer 2

I think whatever works best for each couple .
I was married to a binge alcoholic. For months he would be fine and sober--then out of the blue he would start drinking with a vengeance. At that time we had a joint account. With those binges came all the withdrawls from the bank..at the tune of $500.00 or more a week. And of course, you don't realize it is happening until the end of the month when the back statement came.
So if you really can't trust the other person with money, separate accounts is the way to go.
I wised up and got my own separate account.....
By the way, he eventually accessed my separate account to the whopping tune of $4500.00. I made sure that was the last time he was able to do that. After that incident he was single and living on his own.

Answer 3

This is a really good question to discuss before marriage. If both partys are established and both want to have seperate accounts and they come to some sort of agreement on who is responsible for what part of the bills then that may be ok but they need to be able to talk about it openly and honestly and not have one person hiding or lieing to the other about bills.

In my opinion - it may work better if they pull their money together and figure out an amount for an account for bills and then maybe an emergency account, and then vacation account if that is important to them and then they split equally what is left.

Answer 4

If you aren't good at communicating what you've spent and what he's spent, you don't find out until the bank statement, well, then, I guess its good to have one person in charge of the accounts and the bank card cut up to the childish one. We don't marry angels, that's for sure, (in more ways than one). I wish everyone was responsible with money and was perfect, but they are not. I do believe that this spoils the sacredness of the marriage, but it is not the end of things. Many problems can be worked out if you have the will for it.

Answer 5

Yes. Even though marriage is considered a sacred act, the act of taking everything from someone after you are separated is less sacred. I have been through this ringer and he took most of everything I made. That is not to say that you can never trust a person, but honestly, nowadays, you do have to protect yourself to some degree... My last words, get a pre-nup if it's an issue.

Answer 6

Bank accounts is not about how sacred the marriage is. If one party is much better with money than the other they may not want to mingle the money. I know I wished I never did. If your asking because your getting married talk to your girl. If one wants to do it one and other wants something different it can get messy.

Answer 7

My sister and brother in law have separate bank accounts and are married. I totally disagree to this! I think they should definitely have a main account together to take care of the house, bills, and children with. If they want to, they can each get their our account, and put 5 dollars a week in it and buy stuff on their own without their partner getting mad. My brother in law, was making 30 dollars and hour and my sister was in school and making 10 dollars an hour. She could hardly buy any clothes for a year and her hubby wouldn't give her any money! She had to spend her own, and I think it's ridiculous. But, they should get a joint account, it's just easier. I guess it works for them, it wouldn't work for me if I was married though.

Answer 8

I've read in money mgmt articles/books that if both work, 2 separate accts is best. Determine who is to pay what bills & neither of you have to account to the other, or become angry because of different spending habits, with the leftover money. But it is very important to sit down & discuss expenses & common goals, e.g. saving for a house.

The sacredness of marriage & trust have nothing to do with it. Remember the #1 reason for arguments is money. I would suggest that you check out money mgmt books for couples. Lots of good advice out there to take advantage of.

Answer 9

No, you should have one account for bills/one account for savings and "one" person paying the bills. Although everyone in the family should help keep track of spending. If the trust isn't there for one person to manage the bank account, then there is a real problem.

Answer 10

The sacredness of marriage isn't in my opinion hurt by having separate accounts. My wife & I have seperate accounts not bc we want to keep our money seperate ( whats mine is hers & ditto) but bc when we first got married I wouldnt remember to tell her about the checks I wrote. BIG PROBLEM. Sometimes one partner is better with finances & budgeting so they control the check book. Do whats best for your marriage.