My wife and I each have our own accounts, and we both contribute to a joint pool as well.
The joint pool covers kid-related expenses, housing, food, utilities, one vacation per year, and retirement savings. Our own pools cover our respective cars, dining/entertainment budgets, jewelry, clothes, extra savings, extra vacation, whatever.
It works out really nicely because we don't have to negotiate with each other about anything other than the essentials.
The joint pool covers kid-related expenses, housing, food, utilities, one vacation per year, and retirement savings. Our own pools cover our respective cars, dining/entertainment budgets, jewelry, clothes, extra savings, extra vacation, whatever.
It works out really nicely because we don't have to negotiate with each other about anything other than the essentials.