[scarface74]

My parents are 78 and 80 years old. They have been married 53 years and my dad took my mom to his high school prom. They retired at 55 and 57. They have always had separate accounts and coordinated spending. It’s not because of lack of trust. They’ve been on the same page financially since day one. Neither of them had anything but their own cars when they first got married.

[Kon-Peki]

My parents celebrate 50 in a few months. Having separate accounts is a major factor in them staying together. But! It was horrible growing up in such a family situation. I hated it.

[scarface74]

It is about coordination. When you have two people constantly withdrawing from the same account - especially before the days when you could just look at your account online - it’s easy to overdraw. You know exactly what’s in your account when you’re the only person withdrawing from it.

Especially with my dad doing shift work where he was working different hours every week