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re: Spinoff from the budget app thread. How do you handle accounts and payments with SO?

Posted on 4/13/24 at 11:47 am to
Posted by Larry Gooseman
Houston
Member since Mar 2014
2658 posts
Posted on 4/13/24 at 11:47 am to
It became too much to juggle. We consolidated everything and just discuss purchases above “reasonable” threshold. That way we have full visibility into joint credit card, checking/savings, retirement savings, brokerage, taxes, etc.

I know acquaintances that do separate accounts and have heard them say phrases like “my money” - strange thing to say in a partnership IMO. That same couple weren’t on the same page with tax withholding and got surprised with $5k tax bill when that was a huge sum of money to them. I’m sure that was a fight over “whose money” was gonna cover the tax bill.
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