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Combining Finances
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JM14
Posted 12/6/2023 10:04 (#10512496)
Subject: Combining Finances


SW Ontario
My wife and I are newly married and have a meeting with the bank next week regarding joint bank accounts.

I have a personal account which my off farm job direct deposits into and also a business account that I run the farm from.
My wife also works in town and has her own personal account.

What are the pros and cons of combining accounts? Which accounts should be combined, if any at all?
Currently I transfer most of my town jobs earnings every month to support the farm account. We are on the same page to grow the farm together but are looking for opinions.

Thanks in advance.

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