- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Who makes the financial decisions in your relationship?
Posted on 3/27/18 at 8:06 am
Posted on 3/27/18 at 8:06 am
Had this talk with a friend the other night. He said he thinks it's crazy that my wife and I manage our money separately.
We have two savings accounts that we dump money into each pay period. One of those is for travel and the other is for general savings. We have a set $ amount that we've agreed to put in there each month.
We don't share any other accounts or retirement funds. She buys groceries and household things, and I pay whenever we go out. It balances out for the most part. Aside from that, she can buy whatever tf she wants with her money. Same with me. If either of us spends over $20k or so, we'll mention it to the other person as a courtesy.
When it comes to big purchases like a home, we just decide how much each of us can afford and go from there.
We have two savings accounts that we dump money into each pay period. One of those is for travel and the other is for general savings. We have a set $ amount that we've agreed to put in there each month.
We don't share any other accounts or retirement funds. She buys groceries and household things, and I pay whenever we go out. It balances out for the most part. Aside from that, she can buy whatever tf she wants with her money. Same with me. If either of us spends over $20k or so, we'll mention it to the other person as a courtesy.
When it comes to big purchases like a home, we just decide how much each of us can afford and go from there.
47
Posted on 3/27/18 at 8:08 am to Pecker
Pretty much the same. It works out. If she wants to waste money "It's not mine."
Posted on 3/27/18 at 8:08 am to Pecker
I wish my S/O made financial decisions for me. I wouldn't buy as much stupid shite.
Posted on 3/27/18 at 8:08 am to Pecker
What's the point to being married if you just live like roommates? Being married in itself legally ties your assets together so managing them separately just makes it a bigger pain in the arse.
Posted on 3/27/18 at 8:09 am to Pecker
quote:
If either of us spends over $20k or so, we'll mention it to the other person as a courtesy.
:coughbullshitcough:
Posted on 3/27/18 at 8:09 am to Pecker
The breadwinner should always be in charge. Unless the wife is the breadwinner.
Posted on 3/27/18 at 8:09 am to Pecker
quote:
If either of us spends over $20k or so, we'll mention it to the other person as a courtesy.
thoughtful, yet humble
Posted on 3/27/18 at 8:09 am to Pecker
Considering I make all the money, I make the financial decisions. I’m jealous of the dudes with sugar mommas.
Posted on 3/27/18 at 8:10 am to Pecker
So which one of you doesn't trust the other with your money?
Posted on 3/27/18 at 8:11 am to Huey Lewis
quote:
What's the point to being married if you just live like roommates? Being married in itself legally ties your assets together so managing them separately just makes it a bigger pain in the arse.
My wife’s aunt had her accounts cleaned out by a piece of shite husband who left her in financial ruin. Because of that my wife wanted to keep our finances separate. I like it. When she runs out of money she has to stop spending or come to me.
Posted on 3/27/18 at 8:12 am to Pecker
My wife manages 100% of our money. All together in a joint account.
One less thing I have to worry about is how I look at it
One less thing I have to worry about is how I look at it
Posted on 3/27/18 at 8:13 am to Pecker
We have a joint checking for bills and a joint savings account but separate spending accounts. We each transfer a certain amount into the spending accounts every other Friday.
ETA - I pay all of the bills/manage the money
ETA - I pay all of the bills/manage the money
This post was edited on 3/27/18 at 8:14 am
Posted on 3/27/18 at 8:14 am to Pecker
Exactly the same. We are in the process of buying a house right now and since she works in mortgage she pulls all of the numbers and I usually say yes or no.
We have two joint savings but separate checking, retirement additional savings and I have a small investment account.
She buys groceries and I pay for meals and drinks when we go out.
If we had everything together, we would probably be divorced.
We have two joint savings but separate checking, retirement additional savings and I have a small investment account.
She buys groceries and I pay for meals and drinks when we go out.
If we had everything together, we would probably be divorced.
Posted on 3/27/18 at 8:14 am to Huey Lewis
quote:
What's the point to being married if you just live like roommates? Being married in itself legally ties your assets together so managing them separately just makes it a bigger pain in the arse.
Well I don't know what the point of your marriage was, but mine had nothing to do with sharing a bank account.
I already have a system for managing my money. I like that system, so I'm going to keep it. She's good with her money and she's an adult so if she wants to handle her money then I'm all for it. I don't want her coming to me asking if she can buy a $700 purse. And I don't want to go to her to ask if I can buy an expensive watch. She knows what she can afford. I know what I can afford.
Managing separately is far easier for us because we make very close to the same amount of money.
Posted on 3/27/18 at 8:14 am to Pecker
Your stories are longer than Chris'. TL;DP
Posted on 3/27/18 at 8:14 am to Pecker
quote:
We don't share any other accounts or retirement funds. She buys groceries and household things, and I pay whenever we go out. It balances out for the most part. Aside from that, she can buy whatever tf she wants with her money. Same with me. If either of us spends over $20k or so, we'll mention it to the other person as a courtesy.
When it comes to big purchases like a home, we just decide how much each of us can afford and go from there.
I'm all for keeping finances separate, but this is retarded. One shared account where X amount goes. The rest is separate and do what you wish with it. I definitely wouldn't buy a car or something and "mention it as a courtesy." She is your wife after all.
Posted on 3/27/18 at 8:16 am to Pecker
Like you, we both keep our own checking and spend whatever we want but we only have 1 joint savings account that only I put money into. My wife works but for peanuts at our kids preschool because that is what she enjoys so naturally I pay for everything. She has a credit card under my acct and buys whatever needed to take care of the family. It works because neither of us have a spending problem. If we got a divorce, she could try to empty the savings but that is about it. Most of our money is invested to where she couldn't get it outside of a divorce settlement.
Posted on 3/27/18 at 8:16 am to Pecker
I guess you'd say she makes them. I don't ever touch a thing or look at bills, and as long as my debit card never gets declined, I'm good with it.
Posted on 3/27/18 at 8:17 am to yellowfin
quote:
My wife manages 100% of our money. All together in a joint account.
My wife pays the bills and stuff. We share a checking account and savings account. Also share 2 credit cards we put everything on. But when it comes to financial decisions, she kind of leaves it up to me. It's actually kind of shitty for her. I have a tendency to make my opinion the most important opinion and over the last decade, she pretty much doesn't even fight it anymore. So most major financial decisions just end with "do whatever you want". It's probably going to lead to our divorce one day, but it's a pretty sweet deal right now
Posted on 3/27/18 at 8:17 am to KG6
quote:
:coughbullshitcough:
That was mostly in reference to buying a car or other big purchases that only involve one of us. We'll mention it as a courtesy but that's about it.
I mentioned to her that I was buying a car but she had no say in the matter. She still doesn't know exactly how much it was. When she bought her car, I didn't ask how much it was. She didn't mention price until after she bought it.
We both know what we can afford individually so it doesn't matter.
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News