Should each of us have our own savings or checking account?

My fiance and I live together. I think we should have a joint checking account for bills to include anything that has to do with household expenses, including car payments, clothes, medical bills, etc.
I also think we should each have our own checking/savings account for things each of us may want to save for....
Since I make about twice what she makes I think the bills should be split in some way like 70/30 or something along those lines. How does everyone handle their expenses?
By Shawneyboy 9 years ago :: Marriage
  • Robert Betancourt
    MA, Professional Counseling,Therapist
    Emotional Healing-25+ years experience in helping people find solutions that work. "one of the best therapists here" $1.99/minute
  • Iain A. Morrison
    MA Psych Cert Ed.
    Loving attachment is probably the greatest source of our happiness - I can help if it is going wrong - or manage the hurt if its over $2.00/minute
  • View More Experts