Do you feel it is important to keep your own little nest egg after you get married?

Question

I divorced a man who believed money fell like manna from heaven and if he knew I had $5 bucks, he would find some way to spend it. A lot of years have passed and I believe it is important for a woman ( or a man ) to keep their own little private savings account which their spouse is not aware of just in case the marriage goes bad or you want something really bad. I told my daughter to save some money back out of every pay check and not tell her boyfriend about it. She thinks she needs to tell him every little detail. Am I wrong? Do you do it?

Answer 1

actually i think its a great idea. especially in todays society where both men and women work and make money. I personally believe in being open though. If your open about your money from the start (of it being really serious) then there wont be problems. telling someone how much they can spend is really annoying and id be damned if someone is going to spend ALL my money becuase they dont know what they are doing with themselves.
I think any couple living together and considering marriage should have a joint account and their own private account. BUT the only messed up part is some people have money issues and hide it completely... the plus side to that is at least it doesnt ruin both parties credit. there is also things like
"why you buying this.. you cheating on me?"
but if its upfront and explained i think both parties would agree to it.
of course there ends up being issues about who pays what and all that crap...
there are 2 different options id consider.

1. both parties put all their money into one account and it transfers a certain % to their private accounts monthly as well as pays the bills
or
2. Make a list of all shared expenses + together savings (set amount monthly to a point that your saving something {for private account} still from the smaller of the your compared paychecks) = total into account.. and both people split this expense.

also who says you cant have multiple accounts for yourself.. as long as your doing your fare share of coming up with the relationships money

yeah i do it, and ill continue to. its my money and ill invest it how i see fit. although im not married.. yet :)