Joint Checking Accounts

[catastrophe]

Did you know in many states (including Texas) either spouse's income is treated as being owned 50/50 with the other?

[steve dave]

I thought that was, like, a normal non Texas law

[star seed 7]

I don't think anyone is arguing against that edn

[star seed 7]

I'm betting edn calls his wife's clothes "our clothes", cause everything is 50/50 man

[Institutional Control]

I'm betting edn calls his wife's clothes "our clothes", cause everything is 50/50 man

Did edn have a name change or am I just missing a post?

[SdK]

Nah. Lib made a mistake

[kim carnes]

Ya, I'm pretty sure that the wife gets at least 50% in most divorces but I could be wrong

[Gooch]

If either you or your spouse is bad at managing money, separate accounts are a good idea. Otherwise, a joint account is better in every way.

Or give the good money person that job

Bingo!

[420seriouscat69]

It's a really interesting dynamic sometimes tho. Like, Mrs. Wacky doesn't want me to see how much she spends to keep up her looks. That's the #1 thing she's worried about. I have nothing i'm afraid of her to see minus my occasional 1 pack a week of heaters and svedka, which she already knows about. I spend $ like i'm still a dying journalist and she spends $ like her family still has it way back in the early 2000's. I really feel like i'll be the loser of this joint account thing.

When we lived downtown, I loved to play poker at the casino, so I probably wouldn't want her seeing me going back to the ATM after losing on a great hand, but those days are over with now that we live in Waldo.

Most of my $ goes to bills anyways. Thanks Sallie Mae.

[Kat Kid]

Like, do you ever borrow money from your spouse?

People actually do this!  A couple that is about to have a kid actually does this!

It is astounding to me.

[yoga-like_abana]

for the JATS how do you buy gifts and crap for your spouse? Do you tell them not to check the account for a couple of weeks because you have a surprise for them or just put it on a cc?

[420seriouscat69]

I've always wondered that too, yoga. Also, this will blow JATs heads off. Most of the time when Mrs. Wacky and I go grocery shopping, we divide the groceries on who's going to buy what. 

[420seriouscat69]

Because of this thread, I've decided to keep my commerce account on the side and donate 15% of my check to it.

[Brock Landers]

I've always wondered that too, yoga. Also, this will blow JATs heads off. Most of the time when Mrs. Wacky and I go grocery shopping, we divide the groceries on who's going to buy what. 

WTF man.  When you get home and put the groceries away do you and Mrs. Wacky have your own cabinet and your own side of the fridge to divide the food too?

[wetwillie]

for the JATS how do you buy gifts and crap for your spouse? Do you tell them not to check the account for a couple of weeks because you have a surprise for them or just put it on a cc?

Straight cash homie

[Institutional Control]

I'm in charge of the checking account so when my wife wants to buy something that she either wants to surprise me with or doesn't want me to know about, she uses her credit card.

[Kat Kid]

for the JATS how do you buy gifts and crap for your spouse? Do you tell them not to check the account for a couple of weeks because you have a surprise for them or just put it on a cc?

Credit cards?

[Kat Kid]

"Hey, I am going to buy a baby bjorn so you are in charge of diapers for a month."

[Kat Kid]

"WHEN IT IS YOUR TURN TO BUY THE FORMULA YOU BUY THE CHEAP FORMULA AND IT IS HURTING OUR BABY!"

[chum1]

Do people with separate accounts log hours spent doing household chores, too?

[Institutional Control]

I have friends with separate accounts and they make it work fine... but they don't have kids.

[420seriouscat69]

I've always wondered that too, yoga. Also, this will blow JATs heads off. Most of the time when Mrs. Wacky and I go grocery shopping, we divide the groceries on who's going to buy what. 

WTF man.  When you get home and put the groceries away do you and Mrs. Wacky have your own cabinet and your own side of the fridge to divide the food too?

No, but she's a weirdo and isn't a fan of steak, so she rather I spend my own $ on it. Things like that.

[yoga-like_abana]

I can tell you exactly how mrs yla and I do it. I pay for all of the bills. She does pay for her cell phone plan(we both just have straight talk) she gets her gas she isn't really a big spender/shopper either and she also gets groceries 3/4 of the time. We use her acct as an oh crap type of account and also to make extra payments on our mortgage.

[420seriouscat69]

I've always wondered that too, yoga. Also, this will blow JATs heads off. Most of the time when Mrs. Wacky and I go grocery shopping, we divide the groceries on who's going to buy what. 

WTF man.  When you get home and put the groceries away do you and Mrs. Wacky have your own cabinet and your own side of the fridge to divide the food too?

No, but she's a weirdo and isn't a fan of steak, so she rather I spend my own $ on it. Things like that.

Also, I don't want to pay for overpriced wine like kim crawford, so that goes on her groceries.

[meow meow]

i thought writing a check to your spouse was wild, but splitting out groceries at the check out line, amaze.

"rock, paper, scissors who has to buy the toilet paper!"