One Income, Separate Bank Accounts
As part of my checking up on couples to see how their money systems have fared over the last year, I tracked down Dan and Kellie Mercurio, who had since moved from North Carolina to Massachusetts and had a baby girl, now 9-months-old. Dan has a new job overseeing bank branches and Kellie is a full-time mom to their daughter. Back in North Carolina, when both Dan, 30, and Kellie, 29, were working, they kept separate accounts for personal expenses, such as manicures or clothes. At the time, Dan explained, "Having multiple accounts that serve different purposes is a good way to segment out record-keeping." Plus, they didn't need to check in with each other before making little splurges.
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