3 thoughts on “What I wish I’d been taught about money management”

  1. I love your explanations here Gareth. Nowadays in our family we do it differently with separate accounts but a proportion of the bills coming out of each. This is a great way to use a joint account and I have used it in the past with a previous partner. It allows you to buy your partner a gift or save for a special suprise without them scrutinising the bill……

  2. Hi Gareth, we do something very similar, but slightly different: We both have our own personal accounts which our salaries are paid into. A set amount each month from these accounts is paid into what we call our ‘Expenses’ account (which all the direct debits and standing orders go out of). It works well for us as we always round UP the amounts so we build up a cushion for when prices increase – as they invariably do…

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