I've gotten a lot of good feedback on different ways to do joint finances in a second marriage, which for those of you who are in one, it is different. So, my husband and I decided to keep our own accounts, and open a joint account for expenses. The thing is, though, that I don't know what to count as his/mine & ours. We include the $1,600 per month that I receive in child support as income, and the $725 that he pays out as a "bill". His 3 boys live with us 50% of the time, and my 2 girls live with us full-time. I think pretty much everything should operate out of the joint account, since we are both contributing about 75% of our income (including my child support...which makes my contribution $624 more per month than his) to the joint account, so shouldn't everyone's clothes, doctor visits, toiletries, medicine, etc. come out of this account, too? Is there anything that shouldn't come out of this account (other than gifts for one another)? Thanks for any insight on this.
2006-10-19
05:51:28
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11 answers
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asked by
Anonymous
in
Marriage & Divorce