Join Date: Jan 2011
Location: California's Central Coast
Congratulations! Sounds like your future husband does not want any stress from wedding planning. But it's nice he's OK with whatever you want to do. I did not want any stress from wedding planning and we got married at the courthouse, but by that time my husband and I had known each other for 11 years, lived together for 9 years and had 6 year old twins, we did things backwards.
As for bank accounts, what has worked best for us is to just keep things separate, but share your bank statements with each other. In our relationship I handle the money because my husband hates going to the bank, standing in line, balancing the checkbook, etc. We have a TOD (transfer on death) for each other on our accounts. This way if something should happen the money would not be held up in the courts.
As for saving money, look for credit cards that offer rewards and pay off you balance in full every month. An example would be: we have State Farm Ins. State Farm also has on on-line back and we have a State Farm Visa. We earn points from using the Visa to be applied to our car/home insurance. One of our cars is almost insured for free each year. My husband likes Costco and got a Costco American Express. He uses that one and earned over $400 to spend at Costco last years.
The banks pay almost no interest now, so there is barely incentive to save, but in my daughter's case she got free banking services from Wells Fargo if she had a checking and savings account, direct deposit, and used her debit card for at least 10 transactions a month. So at least she is not losing any money in bank fees.
As for other ways to save, just don't get caught up in materialism. We always make our own coffee (never Starbucks), make our lunch and bring it to work, seldom eat out (I cook very well and usually am disappointed in what I am served in restaurants), I'm very good at shopping online for deals, I find more variety, often avoid our high CA sales tax, and often free shipping.Pretty much the only thing I splurge on is dog/pet related stuff and outings. Still, I do sign up for coupons on the websites of the dog and cat food brands I use. Good Luck on your saving and planning.