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Money and Finances
Reply to "Ladies, do you have your own 'emergency' account?"
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[quote=Anonymous][quote=Anonymous]My husband and I each have our own accounts - nothing joint. We each are responsible for certain bills based on our respective salaries. We also each contribute certain amount to college savings and our joint retirement account. I canNOT imagine having him see what I spend on certain things, nor can he (we've discussed). We've managed this way for 12 years, 3 kids, years of tuition - have NEVER fought about money - ever. [/quote]Same here. We married at 30 and were already established in our own right. Been together 15 years and have always maintained our own accounts. It works. I pay the tuition, utilities, and kids extracurriculars. He pays the mortgage, car insurances, and phone/internet access. My only regret is that I didn't take the mortgage. Tuition keeps going up. We both know our responsibilities. We maintain our own credit cards and nothing is joint (except for the house). We're on each others life insurance policies, and he picks up the health insurance bill through his job which is not that expensive. It works, no complaints. Like PP, we have never had an argument about money. When he bought the big screen TV, he used his money. I didn't understand why a TV that big but, hey, his money!! Our situation may not work for everyone but so far so good. When the kids graduate from high school in the next 3-4 years, we may need to revisit the school arrangement but so far, so good.[/quote]
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