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Money and Finances
Reply to "Managing finances when separation is on the table"
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[quote=Anonymous]We are not planning to separate, but we still do 3 accounts. It works well. We have been doing this for years and it works great. We both do direct deposit for a set amount into the joint account and I pay all the bills. He has access to the joint account, although has never once looked at it (in 8plus years of being together). We also set aside our tax return money to a joint account for emergency fund, house repairs and vacations. If he has an expense (he does all the house repairs) he just tells me what it is and I usually write him a check (his account is at a different bank and that way seems to work best). We have our own credit cards and never fight about money. I modeled this after my sister (who did the same thing with her husband). They have been married for 25plus years and are one of the few couples I know that don't disagree about money. And, similar to what you are talking about doing, we divide it up based on who makes what. Originally, I was the primary breadwinner. The recession and motherhood has changed that so we readjusted. So far so good. Good luck to you![/quote]
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