In our humble opinions, we joined Mandi Woodroof (PB46: Magnify Your Money ft. Mandi Woodruff) and Tiffany “The Budgetnista” Aliche (From $300,000 in Debt to The Live Richer Academy ft. The Budgetnista – PB102) for the greatest podcast crossover of the century on The Brown Ambition Podcast: Ep. 148 — Battle of the Sexes with Paychecks & Balances. We laughed. We (Rich?) cried (allegedly). We had a great time discussing “some awkward and controversial questions about money and relationships.”

Now that I’m married should we combine our accounts?

Joint accounts? Separate accounts? Secret accounts?

We had a good debate about the best financial set-up for your financial situation. The consensus? It depends! For some couples, a joint account works best. For others, separate accounts except for a joint account for bills works. How about the partner with the best credit extends a co-authorized user to a low-interest credit card that both or one party agrees to pay off in full each month. Last but not least, is the all separate accounts system. What’s yours is yours and what’s mine is mine. The most important financial advice of all when it comes to stabilizing your financial house? Sit down before you say “I do” to talk about the “I donts.”

Share how you’ve organized your financial house for better (or worse) in the comments or on social media with #PayBal.

Is it stealing if your spouse borrows money from your joint account?

Happy wife, happy life? The courts say no, the Twitter streets say yes. What say you?

Does your opinion change if you’re the half of the couple that saved 90% while your spouse only contributed 10% to your joint savings account? We had a great debate on the podcast about this one. I can tell you that me, myself, personally? I will always feel some type of way if a significant other spends a significant sum of our money without discussing it as a couple. If we’re in this together, should you really be half-stepping with your side checking account?

“What’s yours is mine” sounds great in the vows until debt do you part when their savings half is less and their debt is more.

Should we use our household income to support my in-laws?

They don’t tell you about this in the adulting handbook fine print: Are you your parents’ retirement plan? That’s what Erin Lowry (PB53: Broke Millennial ft. Erin Lowry) asked over at Forbes magazine. If this isn’t a discussion you’ve already had with your significant other, what happens when they want to use our money portion of your household savings to support your in-laws? That’s exactly what happened to this couple.

Check out the full episode for all these great topics and more at or subscribe to The Brown Ambition Podcast on your favorite pod player.

Think you have a unique financial story? Send me a pitch here for a chance at a Paychecks & Balances feature or mention. Stop by the PB Blog each week for more fun and informative original content covering financial independence, work & personal finance, and much more every Tuesday!

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