rach,
thanks. stay near u, in future our babies will hv playmate. =)
viv,
we've had a joint account for many years.
Initially it was for holiday purposes. Each of us will contribute say $200 a month. Then whenever we for holidays, we can use the money from there. Then later on, bcos he's earning more than I do, so I made him contribute more... keke.
Now bcos no house yet, we dun hv much "expenses" to talk about, except for baby stuff which I pay w the supp card he gave me. If not then I pay myself, or claim from him.
I supposed a joint account where either person can sign is better. Cos u dun need the other person's approval b4 using the money especially during emergency. Of course since u r married, should hv some degree of trust there. And of course dun put all ur money inside. Keep ur own "si fang qian". Only contribute wat is necessary.
Personally I feel contributing a percentage of each partner's pay is fairer. hmm... that's if he's earning more of course!! haha...
Now almost all expenses are paid by my husband, so I only pay for my own stuff. Bcos I only earn enough for myself to spend!! haha...