[jmjj215]

My wife and I have a joint checking account - both with CCs that are paid in full by the checking account automatically each month (for the cashback). We very rarely deal with cash.

I pay the rent, she handles medical. She grocery shops (I hate it). She's a SAHM with our one-year old by the way. We both sit down weekly and enter any and all purchases into our budget (Excel spreadsheet system). Once per month we sit down and allocate all of our money to budget into spending categories.

I would not recommend separate checking accounts and "his and her" money. That causes marital issues. (At the same time, one spouse being a spend-a-holic and the other being a saver can be a major rift as well).