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Money and Finances
Reply to "merging money when you become a family"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]^You might want to consider that others (there are several examples in this post actually) have designed far more effective systems to handle separate finances. [/quote] But the question remains: If you are a couple and trust each other, why do you feel the need to keep scrupulous track of what's "yours" and what's "theirs"? Far too many posters on this forum have reported that any expenses related to children seems to end up in the "hers" column. Which...wow.[/quote] The simple answer to the kids expenses question is to have a joint credit card and joint bank account from which expenses for the child are paid just like any other joint household expense. On your other question, I don't consider it a trust issue at all. For example, DW likes to buy clothes. For her, it's not just about having something to wear, she enjoys the experience of shopping and having a new outfit. Me? I could care less and wear clothes until they're falling apart. Once or twice a year I like going for a trip with my guy friends to the beach and it's something she doesn't do with her girl friends. It's a money management thing; we don't have to worry that the other is blowing money on things the other doesn't think are...important maybe...that's not the right word but you get the idea. Also, for joint expenses, I find that it gives us greater ownership (again, not the right word but you get the idea) over the choices we make for joint expenses rather than the money coming from a pooled source where we both might spend it more freely.[/quote]
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