Do you share money in your marriage or is it mine is mine & u both have your own money?

Answer 1

We have seperate checking accounts because it's easier to balance that way.

All our resources are pooled though. So we share and consult eachother on purchases over 200 dollars.

Answer 2

If it is yours is yurs and mine is mine or maybe yours is mine and mine is mine, then you don't really have any kind of marriage! Marriage is a 50/50 relationshiup and if it is not going to be that way they you have better find a new some one, because it will never work and if you read any books or listen to any lectures they all preach the #1 reason for a failed marriage is the division of money, money is the factor which brings divorce the fastest even above cheating!

Answer 3

My husband and I have one checking account. We both work and put money into it directly. He is a money smart and sensible man so I trust him. I pay the bills and I'm reasonable when grocery shopping. We usually go clothes shopping together so over spending never happens and we discuss big purchases together. If I go out on my own I know what he will say about "not spending too much" so I don't. I also never shop online without his knowing and approving. We work together with money and we never fight about it thats for sure. Marriage is 100% from him and 100% from her. You truly become one and that will then include money. I started chipping in money for the apartment we would soon be moving into and for furniture before we were even married. If you marry someone then you have to trust them.

Answer 4

My husband and I both deposit our checks in the bank. He will normally keep a hundred out a week sometimes more and he puts it in a coffee can on the kitchen table. That way if either one of us needs anything then there is cash on hand. As long as we have money to pay our bills then we can buy whatever we need or want. He does 95% of all the shopping as far as groceries and that kind of thing. I normally just need gas money or some ones for work. It works out really well. Keeps us from spending to much cash and buy a bunch of stuff that we don't really need or will ever use.

Answer 5

I think that each person should have a "mad money" account, this could be a split of money after the bills are paid or a given amount each payday.

This account could be used for surprise gifts or trips, or for a security blanket if your partner is not good with money.

Each couple has to work this out for themselves as money is typically the largest and hardest to deal with issue in a marriage.

Answer 6

I am in the same boat as Lexie. I am able to work partime with limitations. The injury has really put a crimp in our lifestyles. When I was earning a very good wage I didn't give it a second thought as we both had auto payment to the same account. We were able to comfortably pay (our) bills, make investments,take good vacations,etc. Now everything has changed and I am glad to have been able(through our mutual arraignment) to make those investments to have when times get tough. Voc rehab is going to take some time in learning a new skill.

Answer 7

I think money should be treated like anything else. In other words, you have your makeup and he has his tools. You have your home and your bed which you share. So you have your money, he has his, and you have your common money. No reason why you can't ask him for a grant every now and then when you run short, and vice-versa. Who know, maybe he's a cross-dresser and may want to borrow your earrings and make-up some night.

The key here is communication and agreement. Put your heads together and come to a common ground....just like anything else in any relationship.

Answer 8

I suggest sharing. That way both people know what is going on with the finances and it promotes communication in the relationship. Also there will never come a time where one of ou is broke and the other is not, you either both have money or ou don't.

Answer 9

All of the money goes into accounts that we both have access to. Primary checking, retirement savings, etc... My wife manages the primary checking account and pays the bills, buys things for the house, etc... We talk about what is going on and about major purchases. I have a credit card that I use for personal purchases but she gets the bill and pays it each month. We found that was easier than both of us using the debit card or writing checks from one account. Too easy for me to forget to give her a receipt and then the account gets screwed up.

Answer 10

We get our own checks. And we both pay the bills and things that need to be payed. Im a little more giving with the money though.