Reply to splitting costs w/ spouse - we earn very different amounts

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[quote=Anonymous][quote=Anonymous]I far outearn DH, and we just pool our money, because as one pp mentioned, once children were in the picture, it became difficult to have our lifestyle dictated by his lower income as opposed to my higher income.  Also, it was hard for him to save aggressively for retirement.  However, before kids, we took the approach of each putting half of our paychecks into a joint account and then putting the other half into our own separate accounts.  If you prefer not to adopt the all-in-one-pot method, something like that might work.  Even now, with 100% of each of our paychecks going into a joint account, we still each get a monthly amount deposited into our individual accounts to do what we want with.  That way, we still have some of "our own" money where we don't feel accountable to the other person.[/quote]

We pool our money, too, to cover household expenses - including 401K contributions and health care premiums.  We just do it in a way that is commensurate with our salaries.  This leaves each of us with a comfortable amount of personal money with which to buy a new pair of shoes, or pants, or morning lattes, or drinks or dinner with friends. Our paychecks are deposited into our personal accounts and then we transfer agreed upon amounts every pay period into our joint account.  There's more than one way to skin this cat.[/quote]

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