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Money and Finances
Reply to "Merging finances - how much to contribute to the joint account?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We merge 100%. But we each get an allowance that we use for our own personal stuff--social stuff with friends, my hair, clothes shopping, his golf trips, etc. So sort of the opposite of your idea, but in a way we have joint and individual monies.[/quote] This is what we do too. Essentially we're paying into the family first, and then getting individual shares of the disposable income to spend/save as we please. We each get the same 'allowance' every month, even though our incomes are very different.[/quote] We have done this forever (15 years of marriage). Everything goes into the joint accounts except we each get $200 a week direct deposited into our individual accounts. That money is used for "walking around"--dry cleaners, gas, lunches during the week--plus personal spending on hobbies, books, music, concert tickets, whatever. For us, that amount has always worked so that we feel we have some autonomy over our own spending but basically anything for the household is a joint effort. We have sometimes made very different amounts and sometimes made the same. [/quote]
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