It makes sense to have one bank account that is continuously overdrawn and another bank account flush with cash? It makes sense to have to constantly negotiate what debts and purchases are yours, mine, and ours every day for the rest of your life? Maybe separate accounts makes sense in a dual income household of two equally recompensated PMCs who never have to worry about money, but that kind of arrangement wouldn't work for my partner and me. Separate accounts just sounds like a different recipe for resentment to me.
it’s still possible to overspend on a joint account without your partner noticing.
Maybe in the days of paper checks and monthly snail mail bank statements but not really the case anymore with online banking.
you’re being needlessly aggressive here
I may have been needlessly provocative at the start of this thread but I didn't dismiss someone else's values and opinion as "some really stupid ideas" of which "every part of that is wrong".
If one is always overdrawn then you have big issues to address. And if you're out doing your own thing, the purchases are yours. You get your own lunch, your spouse pays for their movie ticket(as examples). You can divide tasks for what feels a reasonable cost to each of you, so one handles the cost of groceries and the other tackles the phone bill. Big purchases you can work on together and discuss how best to account for both of your expenses and pay-schedules. I don't know if it works in every situation, I'm not gonna say you're wrong about what works for you, but for two people of comparable pay and expenses two accounts makes sense. Even for people who worry about money, although I don't know if there is a point where that breaks down.
It makes sense to have one bank account that is continuously overdrawn and another bank account flush with cash? It makes sense to have to constantly negotiate what debts and purchases are yours, mine, and ours every day for the rest of your life? Maybe separate accounts makes sense in a dual income household of two equally recompensated PMCs who never have to worry about money, but that kind of arrangement wouldn't work for my partner and me. Separate accounts just sounds like a different recipe for resentment to me.
it's still possible to overspend on a joint account without your partner noticing.
I'm glad your way of doing things works for you but you're being needlessly aggressive here
Maybe in the days of paper checks and monthly snail mail bank statements but not really the case anymore with online banking.
I may have been needlessly provocative at the start of this thread but I didn't dismiss someone else's values and opinion as "some really stupid ideas" of which "every part of that is wrong".
If one is always overdrawn then you have big issues to address. And if you're out doing your own thing, the purchases are yours. You get your own lunch, your spouse pays for their movie ticket(as examples). You can divide tasks for what feels a reasonable cost to each of you, so one handles the cost of groceries and the other tackles the phone bill. Big purchases you can work on together and discuss how best to account for both of your expenses and pay-schedules. I don't know if it works in every situation, I'm not gonna say you're wrong about what works for you, but for two people of comparable pay and expenses two accounts makes sense. Even for people who worry about money, although I don't know if there is a point where that breaks down.
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