[OutOfTheCube]

Originally Posted by dubc80

You people with 100% shared account are crazy.

We have 3 accounts.

We each have a personal account and a home/family account.

We've agreed what % of our salaries goes into the home/family account and it pays for all the bills, expenses, investments, etc. Mortgage, bills, car and home insurance, RESP, RRSP, etc all come out of this account.

We over contribute to this account so it also pays for big family items too. Vacations, new furniture, renovations, etc. Things we discuss together.

Our personal accounts is "fun money". For clothes, nights out, individual trips, one-off merchandise, hockey tickets, etc.

Works awesome.

Why is it crazy, though? It just seems weird anyone is unwilling to accept that different lifestyles work better with different set ups. My wife only works part time -- if we had your type of set up she would never have any 'fun money' to do anything for herself while my 'fun money' account would be loaded. That obviously wouldn't work very well for long.