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Chapter 1. Tracking Your Money > Managing Joint Accounts: A Five-Point Peace Pl...

Managing Joint Accounts: A Five-Point Peace Plan

It's unlikely that you and your significant other agree on everything. If you share one or more bank accounts, however, you're going to have to agree on some things if you ever hope to have your finances in order.

Perhaps you have different views on money. Maybe one of you is a saver (also known as penny-pincher, cheapskate, tightwad) and the other is a spender (also known as irresponsible, impulsive, materialistic). (If you're calling each other these parenthetical names, consider it a red flag.) Perhaps one is better at the day-to-day details of managing the account. Maybe neither of you is especially great at recording every transaction and a search would reveal ATM slips under the seats of both of your cars.


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