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Sharing bank acounts with spouse
Hi All,
Well the time is almost apon me and my future wife and I are discussing money/banking. Right now the debate is over having one main account that both of us have our pay directly deposited to and then pay for bills/mortgage and rrsp from it OR each have their own seperate accounts and then put a predetermined amount into a third to cover the bills (effectively keeping money separate).
What have you all found works best for you? On one hand, sharing one account may cause you to feel guilty for taking money out to buy things for yourself but will "look" like you both have a larger lump of money. On the other hand if one person makes more than the other and you have separate accounts then putting in equal money will leave one holding a lot more on their end and the other may have very little left.
Not sure what the best approach is on this but I'm open to hear others experiences.
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