It's a workable plan. I understand the feelings about His and Mine. It was really hard for me separate from a joint account. But it had to be done. That was not the first time H had written checks that beat payments to the bank.
I am unclear on what #4 means. For what it's worth, friends of ours had 3 accounts. His, hers and theirs. They sat down together figured out all the monthly bills, and then figured out how much each of them had to contribute to the their accounts. They came up with a figure that they each contributed for emergencies, too. That account was used only for monthy bill paying.
Whatever was left of their checks went into a vacation fund and personal use accounts.
It worked for them. Personally, I was appalled at the idea. Of course 5 years later, I was doing the same thing.
When you can't make a decision because you are torn between your heart and your head, listen to the half with the brain.
