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Personal Finance
HomeForumsPersonal FinanceMarried Folks: Joint or Separate Bank Accounts?
Paul Allen's profile image
Paul Allen's profile image
Paul Allen
  • Financial Advisor
  • from Virginia Beach, VA
  • Member since Feb 23, 2017
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Paul Allen's profile image
Paul Allen's profile image
Paul Allen
  • Financial Advisor
  • from Virginia Beach, VA
  • Member since Feb 23, 2017
Connect
Paul Allen
  • Financial Advisor
  • Virginia Beach, VA
508
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502
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Personal Finance

Married Folks: Joint or Separate Bank Accounts?

Paul Allen
  • Financial Advisor
  • Virginia Beach, VA
Posted Jan 13 2018, 07:29

Just curious how the DIY REI married crowd handles banking. Is your money merged? Is your money separated. Do you take a hybrid approach? Does being a RE Investor influence that decision?

Wanted to take an informal poll of the BP community.

My wife and I are 100% merged. While I have specific accounts for my businesses, neither my wife nor I have any individual bank accounts. It's been working for us for 25+ years. Seems like the simplest arrangement to me, but I know other people work with other arrangements. 

Whats working for you, and why?

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