Do you have a bank account that your Wife or fiancè doesn't know about?

[Tyler Durden]

To me having your own Credit card = having your own Checking account

not really... as it is shared funds that go to pay it...

I'll also use my CC to pay for things sometime like dinner or stuff whenever we go out, so she's using my CC too...

[Tyler Durden]

it also allows a certain amount of anonymity with purchases for things like gifts that someone mentioned...

there is a big difference in "surprise! I took x amount of money out of our account to buy you something" and "surprise! here's a nice gift I bought you. you'll get an idea of how much I spent when the CC bill gets paid"...

[jtnc]

Credit cards is something I'm not a fan of too much interest I only have one so I can have a credit history, I may buy a video game on it or something and pay it off. But, she has like 4 of them. I told her she needs to decide which ONE she wants to keep cause the others need to be closed out.

[Panthro]

not really... as it is shared funds that go to pay it...

I'll also use my CC to pay for things sometime like dinner or stuff whenever we go out, so she's using my CC too...

ahhh well we are splitting hairs on this. I see them as similar/same no matter how many chinese buffets you happen to buy.

[Panthro]

Credit cards is something I'm not a fan of too much interest I only have one so I can have a credit history, I may buy a video game on it or something and pay it off. But, she has like 4 of them. I told her she needs to decide which ONE she wants to keep cause the others need to be closed out.

Wrong.

Keep all four open and just use one. Keeps the others at a zero balance.

[jtnc]

Wrong.

Keep all four open and just use one. Keeps the others at a zero balance.

Alright. ;)

[Tyler Durden]

ahhh well we are splitting hairs on this. I see them as similar/same no matter how many chinese buffets you happen to buy.

lol w/e

Your wife can use your CC too... If you book a vacation together, it can go on one of your CCs... The money to pay for it still comes from mutual funds...

[Tyler Durden]

Credit cards is something I'm not a fan of too much interest I only have one so I can have a credit history, I may buy a video game on it or something and pay it off. But, she has like 4 of them. I told her she needs to decide which ONE she wants to keep cause the others need to be closed out.

Yeah, CCs are just a buying tool to keep you from carrying cash... Pay it off in full each month = no interest.

[Zcustom]

We have one account.

Back when she was working we each had our own accounts but they were linked.

*resists urge to complain about being poor*

[Tyler Durden]

I think the main point I am trying to make is that if you feel the need to hide funds or purchases from each other, what else are you going to hide?

[Wither]

Yeah, my only one too.

[Davidson Deac II]

We have 3 checking and 3 savings accounts. I work at a bank, and I have two joint checking accounts. She uses one for spending money, and I use the other. And a savings account for overdraft protection.

I have a checking account at a credit union I use for paying all the bills. She has access to it, but never uses it. We also have a savings account at the credit union with no access other than walking in and getting money out. That is where we keep emergency money.

She does have the big credit card though. I have a small one that only has a 500 limit for buying online and stuff, but she has much better control over her spending habits than I do.

IMO, husband and wife using the same account for spending money is too confusing. I shouldn't have to check with her before I buy lunch for the day. But you should allow her access to your account, at least so she can check it, and vice versa. No point in hiding anything.

Unless you are hiding it for Hookers and blow. :)

[Niner National]

My girlfriend and I aren't engaged or married, but we live together and have been dating for 5.5 years. We have separate bank accounts, but are considering opening a joint account that we would only put enough money into to cover mutual monthly bills.

The rest should be kept separate. She makes her money, I make mine.

[TruCatzFan]

You have enough advice to form a decision and go with it.... I can't bring myself to share my finances or how many accounts I have with total strangers...

I can tell you that if you spend $$ during the week on lunch regularly... If u have the means at work... Get yourself a loaf of bread and some sandwich meat... Save your "lunch $$" 40 bucks a week is $2,080 of unaccounted for cash...

These types of things come in handy when she's out of town, or maybe when u want to buy somin on the DL without hearing her mouth. Food for thought...