Tuesday, January 25, 2011
#26: My own Bank account
Money is such an interesting thing in a marriage. Especially if you have different ideas for how to handle it.
TO put it geographically, if Hubby was at the north pole financially, I was somewhere along the lines of Australia - not exactly polar opposites, but pretty darn close.
Fortunately, we kind of figured this out before we were married. We both kept our own bank accounts, and just added each other to ours. We both have full access to each other's money, but we keep everything separate.
Hubby has to get on at least once a day and balance his account to the penny. I keep a running total in my head and stop waaaaaaaaaay before zero. If Hubby has money, it burns like lava. I like to keep some socked away for later. If Hubby had his way, all cash and coins would be banned forever and only debit cards would be ever used. I spend way less when I get my budget in cash.
Two bank accounts does WONDERS for our financial life. He does things his way, I do things mine. As long as neither of us are over drawn, we're both happy.