Hello r/personalfinance,
This is my first post on this sub.
The wife and I (both 27) have been married for two years and are ready to join our bank accounts and begin putting more money away into savings. Currently, we just have separate checkings/savings accounts.
After thinking about it, I thought one central account to pay bills out of (car notes, car insurance, cell phone bill, etc.) and then a joint savings account as well as us each having an individual account for daily expenses (coffee, lunches out, etc.) would work well.
My thinking is our checks go into the central account then the money gets moved around to the different accounts.
My questions are:
How easy is it to set that up with the bank?
How do the mechanics of moving that money around work, considering we get paid on alternating weeks and don’t make the same amount of money?
Submitted October 27, 2017 at 08:37AM by saintsfan1622000 http://ift.tt/2gFHj3w
