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?
Have two shared accounts, an instant access one for both of our credit cards and a savings account for… Err savings and interest. Works very well for us. Basically keep a certain level with instant access one and any overflow goes to savings account. Pretty simple system. On personal current accounts we keep just a few hundreds for emergencies.