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Author: estermae Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308452  
Subject: Re: Credit, Debit or Cash Date: 5/20/2001 4:01 PM
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This may be one of the situations where it might make sense to have separate accounts (either his/hers, or his/hers/household to separate out household bill money from discretionary spending moneys). Or go on a cash basis for discretionary spending.


My hubby and I tried this once. What a zoo! But then my husband was not in the least bit interested in balancing and reconciling it. It absolutely drove me crazy that he had no clue at any given time what the balance was. He finally got tired of wondering/worrying if he had enough to write a check and finally closed it.

*Both* need to be savvy in handling a checking account for this to work because if one starts overdrawing their account, it affects both of them.

Ester
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