[manbitesdog]

- Both in our early 30s, no kids.

- Our salary goes to our individual savings accounts.

- A shared checkings account gets topped up to $5000 every month, proportionally to both of our salaries, to optimize for equal purchasing power when buying shared stuff.

- We don't really budget anything because we save quite a bit, but we do classify all bank transactions into a few categories and look at a month-by-month matrix every few months.

- Both the topping up and generating the analytics are automated processes, so it's pretty headache-free.

[cootsnuck]

> - A shared checkings account gets topped up to $5000 every month, proportionally to both of our salaries, to optimize for equal purchasing power when buying shared stuff.

I'm assuming this isn't automated, right? Asking because if your bank does somehow allow an automatic transfer based on a target amount in an account that'd be really cool.

[manbitesdog]

Yep, it's automated, but not through the bank. I had to go through the PSD2 and register myself as a payment service provider for my personal account so that they don't charge me.

It's a tedious process but now I don't have to care about this anymore. Although probably the total time required was higher than any time I'll save in the future.

[leovander]

Ally let's me do recurring transfers to support the same account setup that they mentioned.