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re: How do you baws split expenses with the wife?

Posted on 3/7/19 at 8:25 pm to
Posted by Traveler
I'm not late-I'm early for tomorrow
Member since Sep 2003
24275 posts
Posted on 3/7/19 at 8:25 pm to
Our money has always been in one general spending account and a couple others that were future education savings for the kids and retirement planning.
There has never been an issue with money. She wants something, she can go get it, same with me. We have always discussed big purchases in advance so there were no big surprises.
I also understand the reasons for split accounts and if that works for you, then that's great too.
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
78061 posts
Posted on 3/7/19 at 8:27 pm to
Have one checking account. All paychecks go in. All expenses come out.

We each have an Amex Bluebird card and we put $200per month on each. Those cards are our fun money IDGAF what you do with it cards.
Posted by djangochained
Gardere
Member since Jul 2013
19054 posts
Posted on 3/7/19 at 8:28 pm to
People tend to hide shite
Posted by lsunurse
Member since Dec 2005
129037 posts
Posted on 3/7/19 at 8:28 pm to
quote:

I don't give a shite what she spends it on.


Even though we have separate accounts...we always let the other know if we are making purchases over say $300 and discuss it(as a courtesy to one another and also to make sure we aren't derailing from goals we are trying to reach).




Posted by fallguy_1978
Best States #50
Member since Feb 2018
48758 posts
Posted on 3/7/19 at 8:35 pm to
quote:

Even though we have separate accounts...we always let the other know if we are making purchases over say $300 and discuss it(as a courtesy to one another and also to make sure we aren't derailing from goals we are trying to reach). 

Those accounts are purely spending money for each us. We keep vacation money, home improvement, our kid's expenses, etc in a joint account. We tell each other if we are taking much money out of those for something.
Posted by pwejr88
Red Stick
Member since Apr 2007
36199 posts
Posted on 3/7/19 at 8:41 pm to
Ask your wife what she would like.




Do that.
Posted by dirtsandwich
AL
Member since May 2016
5193 posts
Posted on 3/7/19 at 8:47 pm to
My wife doesn’t have a job. She takes care of most of the stuff that I don’t want to do.
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 3/7/19 at 8:49 pm to
The general rule in LA is that marital funds are subject to equitable distribution. When a separation takes place, each gets party gets 50% of the shared property and each shares 50% of the shared debt. What you bring into the marriage is your separate property and stays with you when the marriage ends, unless there is some evidence or a presumption that you made a gift to the marriage. Hence, why lawyers like seeing this when alimony and asset dispersion is pre-negotiated.

A general rule of thumb is that the money you brought into the marriage and kept in your own account raises the presumption that it is your separate property. If your spouse produces a letter or email where you said you were holding the money for a marital purpose, the presumption is defeated; this is marital money. Money put in a joint account raises the presumption that it is marital. A court should (and usually does) require the spouse to present some evidence to support a claim that it is separate property.
This post was edited on 3/7/19 at 8:52 pm
Posted by brass2mouth
NOLA
Member since Jul 2007
19713 posts
Posted on 3/7/19 at 8:49 pm to
quote:

tried the latter, where I'd take care of the outside and pay most bills, and she'd do all the indoor stuff like organizing, cleaning, laundry which takes more time.

That usually works for a few weeks, but eventually they'll slack off and only do the bare minimum of laundry.


Get you a better one.
Posted by iluvlsusports
Somewhere in South Louisiana
Member since Aug 2006
3664 posts
Posted on 3/7/19 at 8:52 pm to
We pool our money together, but We have three checking accounts. One for bills and main expenses and we each have our own spending money accounts. As for the chores, we share those too. The quicker stuff gets done, the quicker we can do the stuff we really want to do.
Posted by Demshoes
Up in here
Member since Aug 2015
10217 posts
Posted on 3/7/19 at 8:55 pm to
Separate accounts. As long as she can cover one of the two tuitions/kid's expenses, that's all I care about.
Posted by Ancient Astronaut
Member since May 2015
33152 posts
Posted on 3/7/19 at 8:56 pm to
If she looked like that I would make her pay for everything
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35555 posts
Posted on 3/7/19 at 9:03 pm to
quote:

The general rule in LA is that marital funds are subject to equitable distribution. When a separation takes place, each gets party gets 50% of the shared property and each shares 50% of the shared debt. What you bring into the marriage is your separate property and stays with you when the marriage ends, unless there is some evidence or a presumption that you made a gift to the marriage. Hence, why lawyers like seeing this when alimony and asset dispersion is pre-negotiated. A general rule of thumb is that the money you brought into the marriage and kept in your own account raises the presumption that it is your separate property. If your spouse produces a letter or email where you said you were holding the money for a marital purpose, the presumption is defeated; this is marital money. Money put in a joint account raises the presumption that it is marital. A court should (and usually does) require the spouse to present some evidence to support a claim that it is separate property.


This is true, but 95% of people who get married have very little in the way of assets prior to marriage. By all means, keep your money that you had prior to the marriage in a separate account, but it really is of no detriment to put all the money you make after the marriage into a joint account.

Additionally, if you have separate accounts, then get married and keep those same separate accounts, you're still comingleing your money. The premarital funds and posmarital funds are gong into the same two accounts.

I guess you could and your spouse could maintain 4 separate accounts if you're that concerned
Posted by dLSUm22
Shreveport
Member since Aug 2012
589 posts
Posted on 3/7/19 at 9:04 pm to
This is the dumbest thing I’ve ever heard.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47672 posts
Posted on 3/7/19 at 9:15 pm to
My wife doesn't work. She has no income.

So we take it out in trade.
Posted by JackieTreehorn
Malibu
Member since Sep 2013
29168 posts
Posted on 3/7/19 at 9:18 pm to
I’m divorced so that wench has taken exactly half.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78964 posts
Posted on 3/7/19 at 9:19 pm to
I make 100% of the income and get 100% of the grief.
It is the fate of those born with a penis.
Posted by Mulat
Avalon Bch, FL
Member since Sep 2010
17517 posts
Posted on 3/7/19 at 9:21 pm to
quote:

We have a joint bill account, savings accounts and we each have our own spending account.



THIS

We are also on each others account though we use only our personal one.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17150 posts
Posted on 3/7/19 at 9:24 pm to
Wife and I just had this discussion tonight.

Essentially we pay all bills then disperse $$$ to savings and finally each of us get an equal allotment of play money. Leftovers go towards big events like travel and/or house upgrades

I make a good income but this is her first year out earning me. She is a Chemical Engineer
Posted by HoustonChick86
Catalina Wine Mixer
Member since Dec 2009
57419 posts
Posted on 3/7/19 at 9:25 pm to
We have a shared bank account and split chores. We both know what needs to be done so just do it. If he is cutting the grass I'd feel guilty as frick sitting watching TV, so I clean inside while he does that. If I'm feeding the baby, he will work on dinner or dishes, etc.
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