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Reply to "Couples who keep separate finances - how do you decide who pays when you go out to eat?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think its weird, but I get that many people simply don't trust that marriage will last forever and they need a plan just in case. [/quote] Yeah exit strategy[/quote] How? Isn't all income during marriage considered to be owned by both parties? [/quote] Sure, yes, absolutely. But that doesn't mean that maintaining separate finances doesn't make it easier for a spouse to hide assets or engage in activities or buy things the other spouse wouldn't want them doing. In the case of a spouse bringing credit card debt into the marriage, for example -- credit card debt is irresponsible to begin with, so why would a spouse assume that adding to or not paying off the debt isn't continuing to happen if you don't know the spouse's finances? [/quote]
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