Budgeting Central
Visit our site for more information on Budgeting Central.There are advantages and disadvantages to having a joint and separate account and before you need to decide if you want to establish a separate or joint account. If the both of you know how to manage money well you may do a good job with managing a joint account but if one of you is smarter with finances than the other, then a separate account in that partner name may work better. If you decide on a joint account you need to discuss which expenses will be paid from your joint account such as rent.