Getting married - what do we do with our cash??

Nicola1982

Andyf33 wrote: »

One joint account that everything gets paid into, mortgage/bills etc come out then share the rest on your life together. I earn approx 85k/year more than my wife and I just accept that we share everything.

Sometimes we do disagree on financial issues - so we have an unwritten agreement.....i do as im told and the mrs gets what she wants

LOVE this answer. Will show thisw to hubby to be!!!!

happee

We've been together for 12 years and it took us about 9 to get our act together and set up joint accounts and its the best decision ever. We have our own separate accounts, but every time we're paid we put money into different accounts - mortgage, bills (equal amounts to cover monthly bills), joint savings (20% of our salaries), joint ISA (20%) and joint retirement (£200 per month each - when we can afford it!). We then set up direct debits on all bills and mortgage. We are now super organised financially and never argue about money. We also have a yearly budget and now with the economy as it is we have a tight budget we stick to. It's helped us be more 'in it together'. Best thing you can do is sit down and sort it out and then get all the standing orders, direct debits set up and it will make ur life so much easier!