Reply to Yours, Mine, and Ours finances-- how does it work in your house?

Forum Index » Money and Finances

Reply to "Yours, Mine, and Ours finances-- how does it work in your house?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We may be oddities here but we don't really have major discussions about finances. We have 100% separate finances - banking, credit cards, savings, etc. and never thought to merge. It's just easier this way. I have my privacy in spending and DH has his.

I (wife) pay nanny/childcare costs, sports fees, music, academics, and most kids activities. I save for the kids 529s and pay vacations. We never discussed why but it naturally evolved because I do the scheduling.

DH pays for mortgage (though house is in both names), auto insurance, and cable/internet. Family insurance taken from DH's pay check.

We'll pay for groceries as each one goes.

Our expenses ended up being relatively equal as far as monthly is concerned, though because I'm the greater earner I put more into savings accounts. Neither one of us is a huge spender.

This has never been an issue and we've never fought about money. [/quote]

+1 I literally could have written this[/quote]

I'm glad that other people are like this. My brother and SIL itemize each bill in their household and I feel really badly for them. They're constantly fighting about money and expenses. They make nearly identical salaries, have identical loans, and are both physicians so I don't know why the stress.

As long as you can come to the understanding that your end goal is the same, you should consider it the same pot. DH and I have both decided that we're much happier when we don't have someone breathing down our necks re: expenses. We don't like to spend much, though, so guess we don't have much to fight over. [/quote]

How do you deal with retirement savings?  [/quote]

DH saves max amount through his employer. He has an additional Vanguard account where he puts additional money at his discretion. I may ask him about it every now and then but I don't check on it much. I am self employed so save through my SEP and other Vanguard accounts. I try to save about 50% of my income at this point so I just transfer money as it becomes available. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics