Quote: Originally Posted by JOSIE BBTB- Great thread. The FI and I went back and forth on this forever because I am so bad at transferring money back and forth and I have EVERYTHING coming out via "direct deposit" from my personal checking. i was so worried about setting up a joint, and trying to switch everything to direct deposit from a different account number.
Here's how we solved our issue. Conveniently, we just so happened to check at the same bank before we met. So we set up a joint account at that bank and we can each log in online and see our personal checking and the joint, but we cannot see the other persons personal. You can transfer money instantly with 1 click. So thus far I've been transfering extra money over after my bills are paid, and we use the joint for our mortgage and "joint expenses". We use our personal accounts for dinners out with friends, or the money we spend on our lunch-breaks, etc. Hope this helps
this is us, word for word. so far it works, we've been doing it this way for a couple years. i think if we had just ONE account, we would feel funny when buying eachother something, situations like that, etc. or like, YES its all OUR money, but why should he have to "buy" one of my coworkers a baby gift? or why should i have to "buy" his beer when he goes to band practice? kwim? its all psychological tho hahaha