Finances- how do you split responsibilities?

[Anonymous]

Thanks!!

[Anonymous]

I work part time so I pay all the bills. My husband keeps track of everything online, though - that doesn't mean he's completely in the dark. We discuss together any major purchases or other financial decisions. We have an accountant who does taxes.

[Anonymous]

DH is totally in the dark about our finances- he is just not interested, and he is very happy he is married to someone who is. We consult each other on somewhat large purchases (maybe more than $100), but otherwise are both very frugal and don't need to keep very close track of anything, since we save quite a bit. It's probably one of the better aspects of our marriage.

[Anonymous]

Anonymous wrote:DH is totally in the dark about our finances- he is just not interested, and he is very happy he is married to someone who is. We consult each other on somewhat large purchases (maybe more than $100), but otherwise are both very frugal and don't need to keep very close track of anything, since we save quite a bit. It's probably one of the better aspects of our marriage.

+1

[Anonymous]

We both work and have joint accounts. My husband reconciles the bank statements, we both pay bills, and we both make decisions about investments, etc.

[Anonymous]

Wife can't save a dime so I handle the finances

[Anonymous]

All money is 100% shared, no his and hers money. I (DH) do everything financial related. I pay every bill, manage every investment. It's just the dynamic we fell into. I feel like she needs to be up to speed in the event anything happens to me (and she agrees) but whenever we try she glazes over and forgets everything quickly.

We have no specific agreements on spending limits and trust each other to use good judgement.

Married 22 years.

[Anonymous]

I do everything. If I said we have $500,000 or $1.5 million, he wouldn't know which net worth figure was correct.

[Anonymous]

My DH works full time and is the primary earner. I work about 12-15 hours a week. We've been married 28 years. We've never had separate accounts. It's all just "our money". I manage all the finances and pay all the bills. He couldn't tell you the balance in any of our accounts although he has a rough idea of our overall financial picture. We consult before making larger purchases, but he just doesn't care about the day-to-day stuff.

[Anonymous]

Anonymous wrote:Wife can't save a dime so I handle the finances

Honey, is that YOU?

[Anonymous]

We both work and make about the same amount, joint accounts. I do all the bills and manage savings. DH manages investments.

[Anonymous]

My DH is a portfolio manager, and loves money, so no, I am hands off when it comes to finances. I buy what and when I want, within certain limits. I will get an earful if I spend too much, though.

[Anonymous]

I do 100% of our finances. When we got married DH used to be responsible for his ccs and I was responsible for mine, but it was easy to forget who paid what. Finances are much better if handled by one person.

[Anonymous]

We both work full time. I (wife) do all the finances. I think it's better if one person has ultimate control over it so it's clear who is monitoring to make sure everything is getting paid, money is transferred to the right accounts, etc.

We have no spending limits or allowances or whatever. When we get too spendy, I mention it and we both try to cut back for a while. He sometimes does ask me if he can buy something, which I find kind of ridiculous, the item will inevitably be a $20 shirt or something. I always say yes and I never ask him if I can buy things.

Our biggest financial challenge tends to be the accumulation of smaller purchases like buying lunch or coffee, so when I get worried, I work harder to make sure we're bringing lunches, etc.

[Anonymous]

We bothered work full time. We have separate accounts and each manage our own money. We split the bills. Eg. He pays the mortgage, I pay property taxes. He pays utilities, I buy all the groceries. We might "share" on a big purchase,but in general one of us picks up the " tab" and it washes out with other purchases because the other person balances it out.

It works for us. I know a lot of couples would be mortified, but really, we don't argue about finances and everything clicks. Neither of us is accountable to the other one if we want to make a personal purchase, either.