Comments on: Playing financial roulette

By: Simplifying our banking system | Frugal Living Tips & Money Saving Ideas | Living Well on Less

Tue, 28 Apr 2009 12:01:21 +0000

[…] out to be more hassle than we expected. We very rarely used the personal accounts. Last month a debit card mix-up almost cost us in overdraft fees. After that, we decided to go ahead and simplify our banking by […]

By: Bobbi

Bobbi — Sun, 29 Mar 2009 22:25:46 +0000

I think anyone who has ever had credit problems knows that feeling. I do occasionally use a debit card and a small amount of credit (paid off every month), but I have found if I use cash I am much more careful and really watch what I buy. Some months I even have some to ‘roll over’ into the next month. :) Even while saving my $5 bills since December!

By: Penelope @ Pecuniarities

Penelope @ Pecuniarities — Fri, 27 Mar 2009 04:10:37 +0000

When I read about your debit card being declined, I think my heart rate increased on your behalf. This is one of the reasons I don't like using debit cards. A simple mistake like mixing up cards could result in overdraft fees, which are to high in my opinion. I now use credit cards for many reasons, this included. I like to keep all my money in savings and then transfer it to checking when it's time to pay the credit card bill. But I"m glad this worked out and you guys didn't get charged! Penelope @ Pecuniarities’s last blog post..A Second Life for Used Aluminmum Foil: Free Scouring Pads Found in Your Kitchen

By: Karen

Karen — Thu, 26 Mar 2009 15:17:35 +0000

Joanna – I don’t believe I’ve posted anything on it. It began as a way for us to have just a little bit of our “own” money. I found it helpful as we transitioned from financially independent to completely merged. We find now that we rarely have any reason to use the accounts. We usually keep well under $200 in them, and really the only time we use them is to buy birthday/Christmas gifts for each other. We probably won’t keep them open for much longer, especially now that they’ve led to confusion! :)

By: joanna

joanna — Thu, 26 Mar 2009 13:15:17 +0000

Have you posted before on why you keep separate accounts? joanna’s last blog post..Thursday Question: Recycling