Almost from day one...well actually from day one...Kelli and I have had separate bank accounts. We have some commingling of funds. We share a joint checking account, one credit card and a few ING savings accounts.
Some people think we are nuts for having separate accounts. But it makes life easier. I balance mine, she balances hers and we both keep an eye on the joint account. Only household bills come out of the joint account. I buy stuff that I want, she buys what she wants. I don't pay for dog stuff. She doesn't pay for gadgets.
Now that there will be a third person in the house. We decided Natali should pay for her own stuff. She will have her own bank account and can buy all the baby food she wants. Ha!
Kelli is very conservative with her money. I think it's just her nature. She is very cautious on most purchases (although she did buy a Prius on a whim). She's been pawing my Ipad for a few days. It's a great device for her. Most of what she does online is browse web pages and play games. She wants one...but won't pull the trigger.
We are big on free money. No interest deals. We've done a ton of them. We buy whatever and simply set up our bank account to pay AT LEAST the minimum each month. That way we won't miss a payment and lose the no interest deal. I told her an IPad is $30 a month on the Best Buy card with no interest. She still balked. I stated that's 2 less trips to Sweet Tomatoes a month. That's it! She balked. Bleh.
Back to Natali. For a few months we've been putting money aside for a baby fund. The money will be used as a backup for things we need for Natali in case of emergency. We have been building a similar account for house emergencies. True we could have one big savings account....but we like buckets. Having buckets of money is easier to organize.
Quite a random post on my part. Good job me.