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Closed my accounts

August 15th, 2007 at 10:01 am

Since we got married and have joint accounts I've had my old US Bank accounts that have just been sitting there empty. I knew that in August the monthly fee would be charged to my credit card so I wanted to close it before that charge was posted. Well I procrastinated and checked it last week and the fee was sitting there. So I called them up and asked to close the account. They didn't do anything drastic, just said, "We'll reverse the fee and close the account for you."

So then I called the main bank to close my checking and savings accounts. Again, no problems there. I told them that we live in a part of the country where there aren't any branches and they said OK and shut the accounts.

I thought for sure I'd have to jump through a bunch of hoops and talk to several different people to get the accounts closed. Thankfully that wasn't the case.

Now some people may cringe that we have joint accounts and I shut my personal account. First both DH and I are responsible with our money. Second, DH is in the Navy. Therefore there will be months on end where he will be away and won't be able to deal with our finances. So from the beginning I have been the one to manage our household financially. Having a joint account is the best and easiest way for us to do this. Besides, I like dealing with money better than he does. When he's out of the Navy and we both are working we may set up another system, but right now this is working really well for us.

4 Responses to “Closed my accounts”

  1. Stein Says:

    I don't know why anyone would cringe, joint accounts are the only way to go in my opinion.

  2. ktmarvels Says:

    The reason why I say that is that as we were getting married a lot of the financial info I was reading said that each person should have individual accounts and pay into a joint checking account for their portion of the household expenses.

  3. Ima saver Says:

    We have always had joint. It has worked for me for 30 years.

  4. Househopeful Says:

    I think that joint would be the way to go. There seems to be a trend in the media to have individual accounts and to share expenses. But, if you want finances to be a sucess, I would think that both partners need to be involved and there should be no 'yours and mine', just an 'ours'.

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