Checking Account 101
Joint: The account from which all routine living
expenses are paid. Funded by each spouse in the
amount equal to the agreed to shares (not necessarily
50/50).
Individual1: The individual account of Spouse 1
for deposit of Spouse 1 income, the transfer to
joint from Spouse 1 (see above), and from which
Spouse 1 spends optional monies without discussion
with Spouse 2.
Individual2: See Individual 1.
If you must write about arguing over money, ok,
but please stop copying me. I was writing about
driving and am having to delete all this stuff
twice.
Rich Urschel, MBA '78
Sign up for Internet Service under $10 dollars a month, at
http://isp.BlueLight.com
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