Luckily for Dillon and I we don't have the problem of having a lot of money, so glad we dodged that bullet haha! But we still had to make a decision about our money nonetheless! For us it was really a no brainer about a joint checking account. Especially when we switched have 2 incomes to 1. Even before that though we knew we didn't want separate accounts. For one thing it keeps you accountable(pun not intended), there's no way you can hide your spending. Although we did have an issue with the bank we would use.
The only problem with the bank we're using right now is there's not many locations and the closest one is like 30 minutes away. So if he's doesn't get to the bank in time on Friday he has to go first thing Saturday morning before it closes at 12pm. Recently though they came out with an app that lets you deposit it through a picture. There's one hitch though, if you do it after the closing time on Friday it sometimes doesn't go on until Monday or Tuesday of next week. So far we haven't had too many times that we don't get it deposited that same day, just enough to make it annoying!
We thought about looking at other banks closer to us and with more locations available, but they all want an excellent credit score and 5 of your finest ox. It's a racket I tell you! So in a way the banks have kept us from fighting over what bank is best. Thanks banks!
Another part of a couple's finances is figuring out what to do about your spending habits. How do you both come to a decision on a major purchase, such as a car. How much can the two of you spend without consulting the other about the purchase. For us we try to keep that at about the $20 range. That's what works for us.
How did you and your significant other make decisions on your finances? If you're not married or have yet to make any moves on your finances together what have you thought about doing once the knot is tied?