That's a good idea too Traci. I like that solution. That sucks you've had all that credit card theft. Glad your companies manage it so well.Traci_Momof2 wrote: βFri Jul 31, 2020 7:19 pmThat's why we use a credit card for daily expenses. If one person swipes the credit card for, say gas, the money is still in the checking account to pay the electric bill. Then the credit card bill is paid off when the statement comes. If the credit card bill comes higher than typical then we just say "credit card was high this month, we both need to tighten up on our daily spending". But money never actually comes out of the checking account until one of us (these days me) sits down to pay all the bills.Valentina327 wrote: βFri Jul 31, 2020 6:06 pm I think what works the best is each having an account for their own spending and then a third joint account where you both put in for bills.
I tried that combination thing with my ex. One person swipes their debit card then doesn't tell the other one, then you go to write out a check for the electric bill and the cash is gone. It makes for some annoyed phone calls! LOL
Plus the concept of swiping a debit card is cringy to me. We've had our credit card number stolen from gas pumps or what not multiple times over the years. The credit card company handles it very well and we've never had to pay money, even temporarily, for charges that aren't ours. I can't even imagine having my debit card to my bank accounts stolen in that way. {{shudder}}
My debit card hasn't been compromised, knock wood, but I've had ACH transactions twice come through. They weren't small amount either. That was crazier to me than a debit card. That you can see, but it's freaky to have some yahoo just suck a bunch of money out. I swear by my text alerts now!