The Motley Fool Discussion Boards

Previous Page

Religion & Culture / Christian Fools

URL:  http://boards.fool.com/we-have-two-joint-checking-accounts-in-practice-30327164.aspx

Subject:  Re: He Lost 95% of His "Friends" Date:  10/18/2012  11:18 AM
Author:  RayKinsella Number:  183713 of 196938

We have two joint checking accounts. In practice, it is a hers and his account. I pay certain bills and my wife pays certain bills. Her paychecks go in her account and mine go in my account. Legally, they are joint checking accounts but I haven't looked at her checkbook in years and she writes maybe five checks a year out of mine.
This gives us privacy and autonomy, but legally if something happened to one of us there would be less untangling to do.
If she wants to buy gifts or such without me knowing, no big deal really.

Separate, but together.
Like marriage.
Ray
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us