So due to some unfortunate family circumstances I’ll be moving back in with my family at some point which got me & my wife wondering, how can we have a centralised place for both couples to pay into for bills. Me & my wife obviously have a joint Monzo account & pots but my other family members wouldn’t have access to this. Just looking for inspiration or ideas really.
Talk about it between yourselves, agree a weekly/bi-weekly’monthly contribution figure and schedule transfers from your Monzo JA into to the family account (which obviously pays the bills for the home currently)
Doing it this way means no financial ties to anyone, is agreed beforehand and is as simple as possible.