My fiance and I have been together 10 years and living together for 4. Right now we have separate accounts at chase (both started as college accounts). We both have direct deposit salaried income. We own our home. Basically most of our biggest ticket bills (e.g. mortgage) come out of his account while the smaller stuff + my student loans come out of mine because he makes more than I do. We each have credit cards. Our current situation involves a lot of money transfers every month between our two accounts to make sure the right funds are in the right place when a bill comes out (most are set to autopay). We're pretty good at managing it, but we do occasionally slip up and too much money comes out of one account before that one's payday and we have to do some damage control with a quick transfer. Basically it's an extra hassle we no longer want to deal with. So we're planning to open a joint account. We might go the credit union route. One of our local cu's has a great website and some perks we're interested in. Anyway, are there any pitfalls to having all of your money in one place that we're not seeing? It seems like a no brainer for us, but wanted to ask the reddit hive their opinions as well! Thanks!
:Edited for typos:
Submitted November 03, 2017 at 01:45PM by Pocket_Stenographer http://ift.tt/2zbuoyE
