I am soooo not feeling it today. Sorry for being a post-wh@re.
L and I are talking money and trying to refocus this weekend. We are pretty much on the same page with goals, etc. The trouble has been one checking account and two debit cards. How do those of you with joint checking accounts keep everything balanced and accounted for? Want to share your tricks?
Thanks!
Re: Money Question (I'm not working..I'm bumping)
We have a joint checking account with 2 debit cards and i'm "in charge" of all the balancing, bill paying, ect. I check the account online every day and balance it in quicken once a week.
What helps to avoid surprises is that our spending is fairly routine (i know the types of things A usually uses her debit for, when, and how much) and if she wants/needs to buy anything outside of the usual, she checks in with me about it first.
Blogs: Our Growing Family - CT Working Moms
IVF Oct/Nov 2012
Beta #1 = 77, Beta #2 = 190, Beta #3 = 1044
Cautiously optimistic.
We have a joint savings and seperate checking accounts, so this may not be a good addition to your question and the rest of the responses, but I'll share anyway. We also buy on credit (a joint card) and then pay it off each month. This has resulted in a nice frequent flier miles balance on our credit card that we plan to use toward a big trip at some point. Currently, C pays the mortgage and I pay everything else (car, household bills, etc) from our individual checking accounts. We're not theoretically opposed to a joint checking account, but this system has worked well for us for the past 5+ years since we've lived together and we haven't felt the need to change it.