For the last decade or so, my SO and I have been more or less dividing our expenses, and Venmo/ PayPal-ing the other as needed (rent, etc).
I know a lot of couples use a shared account that they both contribute to via direct deposit. How many of you do this? Any drawbacks or other options I haven’t mentioned?
Married 30 years. His check goes into one account. Mine goes into another. We both have access to all accounts. I handle all the bills. We used to put both into one checking account - once our debit card was stolen and they spent so much money that we were still negative after both checks went in. Then we split them so there’salways a backup just in case.