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Started By
Message
Posted on 3/8/19 at 8:59 am to yellowfin
quote:
Why couldn’t you do that out of a joint account?
I could, but to me it just doesn't feel right I guess.
Posted on 3/8/19 at 9:00 am to yellowfin
quote:
Why couldn’t you do that out of a joint account?
Because his wife would ground him.
Posted on 3/8/19 at 9:00 am to MrJimBeam
quote:
I like knowing I can pull a few hundred dollars out of my own account to go play some craps or blackjack.
i can do this even with a joint account.
Posted on 3/8/19 at 9:02 am to MrJimBeam
quote:SO you think it's better that you don't see where half her money goes? I'd love for you to walk me through that logic.
ETA: I can see a reason to do it either way, but I'd be worried marrying someone that is shitty with money and having just one joint bank account. F THAT.
Posted on 3/8/19 at 9:06 am to LNCHBOX
I really don't think it makes a difference as long as there is transparency.
Separate accounts is fine, but locking out one party from each account is just irresponsible.
His response is retarded though since the decision to marry someone who is shitty with money is a bad idea regardless how you handle finances.
Separate accounts is fine, but locking out one party from each account is just irresponsible.
His response is retarded though since the decision to marry someone who is shitty with money is a bad idea regardless how you handle finances.
Posted on 3/8/19 at 9:11 am to Displaced
quote:
as long as there is transparency.
Which a lot of these baws don't have. One guy has it separate so he can take out his gambling money and hide it from his wife.

Posted on 3/8/19 at 9:30 am to TH03
It's not hiding, she knows I gamble. Just think it should be just my money for the gambling just like her money should be for whatever the frick her hobbies are.
Posted on 3/8/19 at 9:41 am to MrJimBeam
quote:
Just think it should be just my money for the gambling just like her money should be for whatever the frick her hobbies are.
There is no "your money" and "her money" though.
In the absence of a prenup, it's community property. It's just funny to me when people act like a separate account means anything.
Posted on 3/8/19 at 9:42 am to MrJimBeam
quote:
r whatever the frick her hobbies are.
This marriage will definitely go the distance

Posted on 3/8/19 at 9:50 am to LNCHBOX
quote:
This marriage will definitely go the distance
It might. He probably learned a lot from his first two marriages.
Posted on 3/8/19 at 9:50 am to BurningHeart
We both work. We have our group account that we both pay into and that covers everything for kids, house etc. We also have our own discretionary accounts that we use as each of us wants to use it.
Posted on 3/8/19 at 9:58 am to BurningHeart
quote:
If your wife makes less than you, do you split all expenses 50/50 or ask her to take on other tasks around the house?
let me know how that works out for you.

Posted on 3/8/19 at 10:00 am to boosiebadazz
Agree, same here and we each get a set amount of cash weekly. If either of us needs more, which is rare, we just go to the ATM. Being married a having split accounts leads me to believe there are trust issues and that the marriage was probably not a good thing.
Posted on 3/8/19 at 10:04 am to Isabelle81
quote:
same here and we each get a set amount of cash weekly. If either of us needs more, which is rare, we just go to the ATM.
This is likely common with old people
Younger generations do things differently. It doesn't necessarily mean trust issues.
Posted on 3/8/19 at 10:09 am to yellowfin
quote:
If my wife was so bad with money I had to hide it from her she wouldn’t be my wife.
I never said I was hiding anything, its simply a matter of access. She knows exactly how much I get paid and what is where. The trade-off is she doesn't have to worry about bills, etc. I handle all of that. All the discretionary income still goes to her acct.
Trust me, she has plenty of other redeeming qualities, she just sucks with finances. Even if she did work, the arrangement would likely remain.
Posted on 3/8/19 at 10:09 am to BurningHeart
I haven’t read the thread, but what I do is give her enough money so that after all bills are paid we both have the same amount of money left over.
Posted on 3/8/19 at 10:17 am to CunningLinguist
quote:this is how we do it
We both work. We have our group account that we both pay into and that covers everything for kids, house etc. We also have our own discretionary accounts that we use as each of us wants to use it.
We have nearly identical salaries and we both have our own systems for managing money. We have a certain amount that is set aside each month for bills and savings (travel and general savings).
What she does with the rest of her money I don’t care. Same with me. If I’m going to go out and buy something I don’t ask permission. I just do it. Goes both ways.
Posted on 3/8/19 at 10:22 am to BurningHeart
Our joint account pays for expenses. My wife then gets money for lunch/coffee/whatever and I just buy that stuff when I want because it rarely happens. For any other purchases we usually talk about it before hand and go from there.
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