I was having a discussion with a few guys at work and the topic of finances came up. The two guys I work with do not have their own accounts, and all their money goes into one account they share with their wife. This blows me away. Now, my money is available for my wife, but I would never want to exclusively have accounts linked together. We have a joint account that we deal with bills on, and each of us have our own checking and savings account. I'm wondering what my Sherbros think of this.
I can see if you were a controlling husband, the "all-money-in-one-account" approach makes a bit of sense. It allows you to monitor all behavior, but that's a double-edged sword in my opinion. I like having my wife be able to do as she pleases once the bills are paid. I handle all the investments with her as the sole beneficiary and it works for us.
What say you, Sherbros!!!! Do you have separate accounts from your wife/partner, or do you pool all your money in one set of accounts???