How to set up accounts
Many people just combine all their income into one pot and work out budgets from there. Another option to think about is having a joint account and then have separate person accounts. You can establish a family budget for all communal bills to be paid with the shared account.
Use the separate accounts for leftover money for individual use, though don't forget about savings. Think of separate accounts as a good thing. "If one of you wants to buy the other a nice present, you wont know what it costs," Levine said. And who wants to ruin a good surprise?