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Old 01-30-2010, 11:46 PM
KSUViolet06 KSUViolet06 is offline
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Quote:
Originally Posted by DrPhil View Post
I'm a proponent of having both a joint bank account and separate accounts. It works for those of us who are proponents of it.

It is based on percentage of income. The joint bank account is where the largest % of income goes and it is for family/couple expenses. The separate accounts are for personal expenses.

You wanna go on a golf trip with your buddies? Have fun. Separate bank account.
You wanna go on a shopping spree? Have fun. Separate bank account.
I like this.

The idea of (example) a woman hiding shopping bags in the car because "hubby will have a fit if he sees this" doesn't sit well with me, especially if it is not "family money/joint money" that she's spending.
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