How many married coupes keep everything separate.(bank accts, insur. etc.)?

Answer 1

Married couple...no room for separate there.

Answer 2

My wife and I share bank accounts, insurance, credit cards, etc. We only rarely argue about purchases, because we have some similar values. If you are both thrifty, have similar financial goals, are about equally responsible when it comes to maintaining employment, and you both trust each other around money, combining works well. Just for informational purposes, we have been married for 20 years.

Unfortunately, not all married couples consist of two people with similar values. If one person wastes money, one can't stay employed, one demands quality in purchases while the other demands quantity, etc., then separate accounts are probably the way to go. You should do whatever is most sensible for your particular set of circumstances. Don't try to shoehorn yourself into a particular way of doing things, because there is no one right way.

Answer 3

Do not know what state you are in but dependant on the laws of most states. Unless you sign a pre nump. you can do what ever you want in keeping things separate but at divorce time it is all 1 in the same.

You have to ask why do you keep things separate now? What is the benefit? The person who makes the most obviously comes out better. Now if the other person suddenly statrted to make more money would your partner want to keep the situation the same or would there be a change of heart?

In a marriage you agree to share your lives but what have you really decided to share ?

Does not sound like a marriage sounds like a room mate with booty call privs.

Just thought I would throw in my 1 cent

Answer 4

I do. We have separate checking accounts. We have the same everything else,we just split the bills. He pays his bills, I pay my bills. We have been doing it for 22 years and no problems yet. Some things we go in together on. We both know how much we can spend without any guessing of what the other one has spent because we each have our own balance to live by. I don't make as much as he does so my bill allocations are smaller. In the end we both have about the same amount of money to play with and do what we want with.

Answer 5

We have separate everything but we do have a joint checking account that we used to finance our wedding. Eventually it will be used for all our household expenses but we're keeping our separate accounts too.
It made financial sense for us to have separate health and car insurance so we do. If the fiscal benefit changes we'll change how we do our insurance.
I don't think it's a big deal as long as you discuss money honestly and know where each other stands.

Answer 6

We keep 6 bank accounts ...

They say it's good to have a separate account as well as joint accounts ... years ago a woman relied on a man's account, credit cards, loans, etc. ... if he passed or they divorced her name was "unknown" and there was no credit for her to do much. I don't think it's much of an issue but it's tough to surprise your spouse with something if there is only joint accounts. The hard part is that banks give you fees on accounts that do not carry the minimum balance. I don't think there has to be a joint account only ...

Answer 7

we've never chop up the charges as a married couple. For us, that is stupid, complicated, and tottally unessary. as quickly as we took our vows, we agreed to alter into one. Our paychecks bypass into one account, all of our costs (even ones from earlier we've been married) are paid and we make a contribution to an ordinary saving account. We agree that purchases over we could say $50 could be pronounced earlier procuring and we the two get spending money from this one account. that's all equivalent. that's not significant who has the bigger examine. we are working as one. no person has a egocentric strategies-set approximately it and we are the two giving. No fights in contact, no costs are unpaid, and all clever purchases are fulfilled. Many marriages fail simply by fact human beings can not paintings jointly and do what makes the main experience.

Answer 8

We do. We have one joint account where most of the money goes for bills, household stuff, family wants, etc. I have a separate account for my money to get what I want, and he's got an account for him and his wants.

It solves the problem of arguing over why he can't have a new $250 bat for baseball when I bought $30 worth of make up and a $30 pair of tennis shoes. If you don't have the money in your account, you don't buy it.

And FYI, we've been married 9 years and together for 10 years.

Answer 9

First Marriage we combined everything and it failed, not to mention the fall back financially if a divorce is in the future.

Second Marriage, I dont dare "share" finances, bank accounts, credit cards, insurance, house deed, car title, etc I am not willing to risk losing it all again by combining these items. It works for me and I know what I have going out and coming in!

Answer 10

We've been married 25 years. Everything is "ours". Our money. Our kids. Our love. The only thing separate is our time. Some we spend together, some not. Gotta have a little privacy but money and finance - yours, mine and ours.

Answer 11

My husband and I keep nothing separate, but most of the married couples that I know do. I guess it is a personal choice and it depends on whatever works for you and your spouse.