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blue collar
March-17th-2010, 11:26 AM
My stepdad did that for decades and I had a co-worker who did the same. Even in the movie The Perfect Storm one of the guys gave their entire pay to his EX. Anyone here does that and if you do, why? I could never see myself doing that.

The Brave Little Toaster Oven
March-17th-2010, 11:29 AM
I would never let a woman kick my ass. If she tried something, I'd be like, HEY! You get your ***** ass back in the kitchen and make me some pie!

Hunter44
March-17th-2010, 11:31 AM
We share accounts and I just deposit my entire check. I do it because I trust her and it doesn't matter. We're both responsible and if I need something I buy it. Why wouldn't you? If you don't trust your woman then maybe you (generic you) need a reality check.

I do what I want. :cool:

KingGibbs
March-17th-2010, 11:32 AM
Hells to the no. My wife (#2) and I have our own seperate accounts. We both did all of that "traditional" marriage BS before.

TheLongshot
March-17th-2010, 11:32 AM
My mom usually handles all the finances in her household. But, it isn't about "giving" her the check. They both spend from the same pool.

My wife is still having problems dealing with depending on me for finances, since she lost her job a couple of years ago and has since been doing the stay-at-home mom thing. For her, it is a very scary thing, particularly if anything happens to me. She doesn't like the single point of failure.

While we have separate accounts, we do have a joint account for the household expenses. It helps me keep a handle on how much we are spending on the household and keeps our obligations separate from our personal spending.

Koolblue13
March-17th-2010, 11:33 AM
I am looking for a sexy accountant, more than a girlfriend, so yes I would. I suck with money and could use the help.

Skinz4Life12
March-17th-2010, 11:36 AM
I would never let a woman kick my ass. If she tried something, I'd be like, HEY! You get your ***** ass back in the kitchen and make me some pie!

Maturity. You lack it.

Destino
March-17th-2010, 11:37 AM
My wife and I each have our own checking and savings accounts. We have a joint checking account for the mutual bills like mortgage, insurance, cable etc etc. We know what the mutual bills are and each pay in our half.

There are a lot less problems when people aren't examining each others checking accounts. We don't have joint credit cards either.

Zhouse
March-17th-2010, 11:40 AM
I live with my girl and my money is her's and vice-versa. I don't physically hand her money when I get paid but we share our money.

blue collar
March-17th-2010, 11:41 AM
We share accounts and I just deposit my entire check. I do it because I trust her and it doesn't matter. We're both responsible and if I need something I buy it. Why wouldn't you? If you don't trust your woman then maybe you (generic you) need a reality check.

I do what I want. :cool:

Can women really be trusted when it comes to money? My stepdad (God rest his soul) would give my mom his entire check. Let me tell you, she would order things from catalogs that he didn't even know about.

The Brave Little Toaster Oven
March-17th-2010, 11:42 AM
Maturity. You lack it.

Yeah, if some girl tried to kick my ass, I'd be like, "hey, why don't you stop dressin' me up like a mailman, and making me dance for you while you go and smoke crack in your bedroom and have sex with some guy I don't even know, on my dad's bed!"

MattFancy
March-17th-2010, 11:43 AM
I live with my girl and my money is her's and vice-versa. I don't physically hand her money when I get paid but we share our money.

Same here. We both have our paychecks go into the same accounts. What's mine is her's and what's her's is mine. Works out because she makes a little bit more than I do right now.

jnhay
March-17th-2010, 11:44 AM
Maturity. You lack it.

Lame.

Rocky21
March-17th-2010, 11:45 AM
Contrary to most who have responded so far, most of the people I've talked to about household finances have seperate accounts.

Skinz4Life12
March-17th-2010, 11:45 AM
Lame.

True.

'Skins_&_'Stons
March-17th-2010, 11:45 AM
Yeah, if some girl tried to kick my ass, I'd be like, "hey, why don't you stop dressin' me up like a mailman, and making me dance for you while you go and smoke crack in your bedroom and have sex with some guy I don't even know, on my dad's bed!"


I would never let a woman kick my ass. If she tried something, I'd be like, HEY! You get your ***** ass back in the kitchen and make me some pie!


Maturity. You lack it.


LMAO. New South Park tonight!! Woooooooo!! I heart you, BLTO!! :ols::ols::ols::ols:

Forehead
March-17th-2010, 11:46 AM
Joint accounts, both checks go in there. However, my wife hates dealing with bills and finances, retirement and savings, so I handle all of it. I've gotten her to the point where she actually calls and asks before buying something.

That's not meant to be in a controlling manner, it means she at least checks to make sure the money is there. Observing the awful spending habits of some of her family, I think I got lucky.

Zhouse
March-17th-2010, 11:47 AM
Same here. We both have our paychecks go into the same accounts. What's mine is her's and what's her's is mine. Works out because she makes a little bit more than I do right now.

haha

Would you not like that approach if you made more than her?

Zguy28
March-17th-2010, 11:49 AM
Everything I have is my wife's. Everything she has is mine. I work and get paid. She raises and home-schools my three kids and keeps the house in tip top condition etc. so my paycheck pays her too.

zoony
March-17th-2010, 11:51 AM
My wife and I have separate accounts. Not really sure why, but it works, and we'll stick with it.

Actually (knock on wood) my wife and I get along great when it comes to money. I don't think we've ever had an argument about what to spend and what to save and what not to spend it on, etc.

I hear what other couples have to go thru and I cringe

AsburySkinsFan
March-17th-2010, 11:51 AM
"to their women"?

*raises his eyebrow.....

Elessar78
March-17th-2010, 11:52 AM
My mom usually handles all the finances in her household. But, it isn't about "giving" her the check. They both spend from the same pool.

My wife is still having problems dealing with depending on me for finances, since she lost her job a couple of years ago and has since been doing the stay-at-home mom thing. For her, it is a very scary thing, particularly if anything happens to me. She doesn't like the single point of failure.

While we have separate accounts, we do have a joint account for the household expenses. It helps me keep a handle on how much we are spending on the household and keeps our obligations separate from our personal spending.

Do you have life insurance for yourself in case something does happen?

Vilandil Tasardur
March-17th-2010, 11:55 AM
My girl and I starting to get really serious and we've had the conversation about this for when we do get engaged/married.

She wants to keep separate accounts. Her parents have been on and off for the last fifteen years and from them she's learned the value of everyone having their own money from their own checks. From her background, I can see why she thinks this as an approach that would work.

My problem, besides the fact that I believe in the "what's yours is mine" notion, is with the responsibilities. Based on the dynamics of our relationship, I know that when it came to household bills and spenditures that the money would come from my account more than from hers. I'm sure bills wouldn't end up actually getting paid 50-50.

I'd rather have a joint account that pools from both our checks. This way bills get paid by us, and our spending money goes on things for us. Otherwise, I have a feeling that she won't feel the financial hit of a lot of expenses.

TD_washingtonredskins
March-17th-2010, 11:55 AM
We have all joint accounts. I don't judge anyone for keeping separate accounts, but I don't understand it. There are very few things that we buy for individual benefit (outside of clothes) so most of our purchases are for the house/kids.

Whenever she or I need something, we just buy it. If it is going to cost a lot, we mention it to the other one out of respect, but not for permission.

MassSkinsFan
March-17th-2010, 11:57 AM
I'm in the same boat as TheLongshot and Destino - separate accounts but a shared account for shared expenses. This is great because you budget annually and set a contribution amount (we pro-rate to our earnings, so for example if I bring home $60K and she brings $40K, and our weekly budget is $1000, I kick in $600 a week, she gives $400).

Works like a charm. We each pay the account, then the rest is ours, and no questions asked about how you spend your own money.We've never had a fight over the bills and/or a purchase one or the other made.

Hunter44
March-17th-2010, 11:57 AM
Can women really be trusted when it comes to money? My stepdad (God rest his soul) would give my mom his entire check. Let me tell you, she would order things from catalogs that he didn't even know about.

Why is that men claim to be better with money than women are?? :ols: Most of the guys that I know spend everything they have, making nice money but still living paycheck to paycheck.

In my house I'm the one with the toys. :D My wife is very responsible, she even payed for college without a single loan to repay.

Now if I start seeing stuff showing up at my house then I use my head and I ask what's going on. It's not like I don't have access to the accounts. When we need to buy something we talk about it, make a budget for it, save for it....etc. To me, this is what a healthy relationship is all about. If you're ol' lady is robbing you then it's you who is the fool. :silly:(generic you)

I just never understood the mentality of not trusting your wife. You lay with her and close your eyes at night but can't trust her to have the check book...if one of you has a problem with money then that's a different story. You work it out.

My wife even knows my passwords to my email and stuff. :)

Elessar78
March-17th-2010, 11:58 AM
I handle the family finances, so she essentially hands her check over to me. I'd like her to know more about what's going on, but she doesn't seem too interested to get in depth. But I keep her in the loop about our expenses. I don't mind. I enjoy the task.

I take out a set amount every two weeks from her account anything left is her spending money. If she needs more, she is required to file a written request for set dollar amount and a reason as to why she didn't budget her money well enough.

TD_washingtonredskins
March-17th-2010, 12:01 PM
If she needs more, she is required to file a written request for set dollar amount and a reason as to why she didn't budget her money well enough.

:ols:

Vilandil Tasardur
March-17th-2010, 12:02 PM
Actually, I lied. My other concern with the separate accounts is the retirement savings. My girl is very cautious about her money and budgets it well, but she budgets it so that she can spend every little bit safely. She never goes over, because she's careful, but she sure toes the line quite a bit.

I worry that she won't save much, if at all for retirement. I think it would be unfair if I saved a lot and she a little for retirement and then we lived off it equally when we were older. I'd rather have a joint account where we agree on what gets saved and that way I know we are BOTH being responsible for our future.

Elessar78
March-17th-2010, 12:07 PM
Actually, I lied. My other concern with the separate accounts is the retirement savings. My girl is very cautious about her money and budgets it well, but she budgets it so that she can spend every little bit safely. She never goes over, because she's careful, but she sure toes the line quite a bit.

I worry that she won't save much, if at all for retirement. I think it would be unfair if I saved a lot and she a little for retirement and then we lived off it equally when we were older. I'd rather have a joint account where we agree on what gets saved and that way I know we are BOTH being responsible for our future.

Could you "require" that she put into the joint account towards retirement (and you do the same of course). You can just treat it as another bill that has to be paid every month.

Devastate
March-17th-2010, 12:08 PM
Maturity. You lack it.

uptightness... You has it

Devastate
March-17th-2010, 12:09 PM
Yeah, if some girl tried to kick my ass, I'd be like, "hey, why don't you stop dressin' me up like a mailman, and making me dance for you while you go and smoke crack in your bedroom and have sex with some guy I don't even know, on my dad's bed!"

Sounds like something straight from XBL

skinsdude
March-17th-2010, 12:09 PM
We have all joint accounts. I don't judge anyone for keeping separate accounts, but I don't understand it. There are very few things that we buy for individual benefit (outside of clothes) so most of our purchases are for the house/kids.

Whenever she or I need something, we just buy it. If it is going to cost a lot, we mention it to the other one out of respect, but not for permission.

This is they way that we have done it for over 25 years. I don't understand the need for seperate accounts either.

Hunter44
March-17th-2010, 12:12 PM
We have all joint accounts. I don't judge anyone for keeping separate accounts, but I don't understand it. There are very few things that we buy for individual benefit (outside of clothes) so most of our purchases are for the house/kids.

Whenever she or I need something, we just buy it. If it is going to cost a lot, we mention it to the other one out of respect, but not for permission.

Exactly. Same here.

Vilandil Tasardur
March-17th-2010, 12:13 PM
Could you "require" that she put into the joint account towards retirement (and you do the same of course). You can just treat it as another bill that has to be paid every month.
It's not a bad idea. I'm sure we could work it out that way. The reality of it is that there's no reason why the separate accounts wouldn't work. As people here have showed, each manner seems equally sound. I just personally don't prefer it as much.

It could be that because we're both still quite young that I'm still uneasy about the "not knowing" what's going on with her money. It's the kind of decision that I certainly couldn't make at this point in my life.

Bliz
March-17th-2010, 12:21 PM
We have all joint accounts. I don't judge anyone for keeping separate accounts, but I don't understand it. There are very few things that we buy for individual benefit (outside of clothes) so most of our purchases are for the house/kids.

Whenever she or I need something, we just buy it. If it is going to cost a lot, we mention it to the other one out of respect, but not for permission.

Yep, me too.

Neither of us are lavish spenders. We both keep an eye on the budget and if there's ever a question about what a particular charge is for, it's usually out of curiosity. 5 years and we've never fought about money.

Special K
March-17th-2010, 12:24 PM
Can women really be trusted when it comes to money? My stepdad (God rest his soul) would give my mom his entire check. Let me tell you, she would order things from catalogs that he didn't even know about.

There's dude who lives in Mass. who likes to play-fight with swords who just might be your soulmate.

Holy crap dude, are you for real?!? "Can women really be trusted when it comes to money?"

DCBnG21
March-17th-2010, 12:26 PM
Either way will work just fine depending on your personal preferences, provided that everything is discussed, agreed to, and upheld by each side.

A handy way of doing your budget is zero-sum...or, like your grandparents did in "envelopes." There are a couple of software programs that do that, Moneywell is really nice if you have a Mac, supposedly one year he is going to release an iPhone app too. Mvelopes.com does it on the web, but is clunky and is all in flash.... Inzolo is a new one; haven't tried it.

It lets you see exactly what you have to spend in every different category. Plus, it would be easy to use to manage finances across two different personal accounts with "shared" buckets of money & non-shared buckets of money but everyone could still see what's going on.

I'm a little shaky on not knowing at all what's going on with your spouses finances. A relationship needs trust, but it needs accountability too. Even if you have completely separate accounts, if a spouse just absolutely destroys themselves financially; it's almost certainly going to impact you as well.

Peeping Wizard
March-17th-2010, 12:28 PM
We share accounts and I just deposit my entire check. I do it because I trust her and it doesn't matter. We're both responsible and if I need something I buy it. Why wouldn't you? If you don't trust your woman then maybe you (generic you) need a reality check.

I do what I want. :cool:

Agreed. I don't understand married couples who have seperate bank accounts. I had a co-worker who had more marital problems from that than I can count. "He owes me for last month's utilities", "I don't want to make his car payments" etc. If you relationship is that "me" centered it has to be difficult. I've always viewed marriage as a partnership emotionally, spiritually and financially.

DCBnG21
March-17th-2010, 12:29 PM
Could you "require" that she put into the joint account towards retirement (and you do the same of course). You can just treat it as another bill that has to be paid every month.

This may just be wording, but be careful, don't "require" anything. You both need to make the decision together & be happy to uphold it, or at least determined to do so.

If one person makes a decision for another it's probably just going to lead to resentment.

I know it sounds silly when you are just young and in love, but if she doesn't have enough regard for her future to save at least a little, you probably have bigger questions to ask.

RememberOsaka
March-17th-2010, 12:29 PM
Marriage= When she has your wallet in one hand and you d**k in the other. ;)

TheGreatBuzz
March-17th-2010, 12:30 PM
My wife and I have seperate accounts but a joint savings. We both put what we can in every month. I put in a good bit more (around 75% more) but I make a good bit more. The rest of our money is seperate. I pay the bulk of the bills. We keep a little book to split the bills so she pays me half or deducts half if she pays it. Then we both take care of whatever small things we want out of our own money. But if there is something big, ie TV, that we both want, we shop around and then both put money towards it. We rarely dip into the joint savings. That is our vacation/retirement fund.

twa
March-17th-2010, 12:30 PM
Yep, me too.

Neither of us are lavish spenders. We both keep an eye on the budget and if there's ever a question about what a particular charge is for, it's usually out of curiosity. 5 years and we've never fought about money.

Me as well

25 yrs and no problems,though I do keep her out of my business accounts.

Probably should add her there,but there is no real need for it.

Forehead
March-17th-2010, 12:31 PM
There's dude who lives in Mass. who likes to play-fight with swords who just might be your soulmate.

Holy crap dude, are you for real?!? "Can women really be trusted when it comes to money?"

Jeez Katie, what got you all twisted? Next you're going to tell me that I'm not supposed to lock my wife in the basement when she buys shoes without clearing it with me first? Well I don't want to live in your world.

TheGreatBuzz
March-17th-2010, 12:32 PM
Agreed. I don't understand married couples who have seperate bank accounts. I had a co-worker who had more marital problems from that than I can count. "He owes me for last month's utilities", "I don't want to make his car payments" etc. If you relationship is that "me" centered it has to be difficult. I've always viewed marriage as a partnership emotionally, spiritually and financially.


see above for how my wife and i do it. We do it that way because it's how we did it when we first moved into together. That way if it didn't work out, we didn't have a bunch of stuff to split up. Once we got married, it was simply easier to just keep going the same way.

DCBnG21
March-17th-2010, 12:32 PM
Agreed. I don't understand married couples who have seperate bank accounts. I had a co-worker who had more marital problems from that than I can count. "He owes me for last month's utilities", "I don't want to make his car payments" etc. If you relationship is that "me" centered it has to be difficult. I've always viewed marriage as a partnership emotionally, spiritually and financially.

I think accounts are irrelevant. We have a collection of accounts, some of which are mine, some hers, and some ours.

Up above that; however, all the money is laid out in pools & buckets (we use Moneywell) so we know where it's going or what its for. Within that, we have a "His" bucket and "Her" bucket.

Whatever I choose to spend my money on, she can't say anything about. Whatever she chooses to spend her money on, I can't say anything about.

You could accomplish this same thing by just using separate accounts. Using the extra layer of running a budget on top should keep you in line with what you have to spend separately and what has to be used for the collective bills, etc.

Ax
March-17th-2010, 12:38 PM
Like Forehead, I handle all the financial stuff, because she asked me to.

Everything is joint. We consult on all financial matters, large and small, since we both value the input of the other. We pay our bills, invest our savings, and buy WTF we want to with the leftovers.

I trust her with my life. Why in hell wouldn't I trust her with our money?

To each their own.

Special K
March-17th-2010, 12:40 PM
Oh yeah, as to the actual topic, husband and I have joint and separate accounts. Our separate accounts were carried over from when we were single and we are too lazy to close them and switch to all joint accounts. We use our joint account to pay for household bills. Either way, it all works out.

Skinsfan1311
March-17th-2010, 12:41 PM
We share accounts and I just deposit my entire check. I do it because I trust her and it doesn't matter. We're both responsible and if I need something I buy it. Why wouldn't you? If you don't trust your woman then maybe you (generic you) need a reality check.

I do what I want. :cool:

Agreed


I live with my girl and my money is her's and vice-versa. I don't physically hand her money when I get paid but we share our money.

+1


Contrary to most who have responded so far, most of the people I've talked to about household finances have seperate accounts.

I've found the same thing. All of my friends and their spouses, and I mean all of them, keep separate accounts.




This is they way that we have done it for over 25 years. I don't understand the need for seperate accounts either.

I think it's a matter of trust.

My wife and I have been together, (happily), for over 27 years and have joint accounts. It's never been an issue. My folks have been happily married for 47+ years and have always had joint-accounts without any issues.

We're still together, as are my parents. Many of my friends and acquaintances are no longer married, or on their 2nd marriages.

Coincidence?

blue collar
March-17th-2010, 12:41 PM
There's dude who lives in Mass. who likes to play-fight with swords who just might be your soulmate.

Holy crap dude, are you for real?!? "Can women really be trusted when it comes to money?"

Ask Michael Strahan.

DButz65
March-17th-2010, 12:42 PM
My wife and I have a joint account we both put a certain amount of money into every pay check to pay bills with, , and she has a separate checking...I just use the savings on our joint account as my personal account, she cant touch that $, and I prefer to have it that way :pfft:

LaxBuddy21
March-17th-2010, 12:44 PM
We have a joint account (that was my account previously) that everything goes into. We still have her separate account from before we were married because we are too lazy to close it. The difference in what we make is too big to try to split up the bills evenly or anything like that. It all goes into one pot and because Im the responsible one with money, I handle the finances. Scary that she works at a bank and is not responsible with money isn't it?

boobiemiles
March-17th-2010, 12:46 PM
Unless your last name is Armstrong, forget it. Like Biggie Smalls said "see my one's, see my guns....get it".

LaxBuddy21
March-17th-2010, 12:47 PM
My wife and I have a joint account we both put a certain amount of money into every pay check to pay bills with, , and she has a separate checking...I just use the savings on our joint account as my personal account, she cant touch that $, and I prefer to have it that way :pfft:

If we ever get to the point that we are not living pay check to pay check, that will probably be how we do it. My grandparents each get an allowance from their money that they can do whatever they want with and the other one cannot touch it or say anything about how its spent. I like that idea so that there are no arguments when someone wants something that the other one thinks is dumb and a waste of money.

Special K
March-17th-2010, 12:54 PM
Jeez Katie, what got you all twisted? Next you're going to tell me that I'm not supposed to lock my wife in the basement when she buys shoes without clearing it with me first? Well I don't want to live in your world.
Yeah, my husband's a very daring man...letting me out of the kitchen on occasion even! I can't wait until our first wedding anniversary...he's promised me an ATM card! Then the next year he's going to give me the pin! After I sign the budgetary agreement, of course. In blood.

MassSkinsFan
March-17th-2010, 12:54 PM
For everyone who doesn't understand the idea of separate accounts but a joint account for expenses:

It's not about not trusting someone. I regularly tell my wife how I'm doing with my accounts, and she lets me know what's up with hers.

The main reason we have our own accounts still is that I have a blase attitude to bookkeeping, while she is an accounting control freak. When I go to the ATM, I don't get a receipt (she does). When I get my bank statement, I review it but don't update my checkbook register (she does). I think of my accounts in terms of ball-park figures, while she has to account for every last cent up to the minute.

For us to have completely joint accounts would mean that one of us would be driven crazy by the arrangement.

I trust her financially and she trusts me. We just don't like each other's accounting styles.

TD_washingtonredskins
March-17th-2010, 12:57 PM
For everyone who doesn't understand the idea of separate accounts but a joint account for expenses:

It's not about not trusting someone. I regularly tell my wife how I'm doing with my accounts, and she lets me know what's up with hers.

The main reason we have our own accounts still is that I have a blase attitude to bookkeeping, while she is an accounting control freak. When I go to the ATM, I don't get a receipt (she does). When I get my bank statement, I review it but don't update my checkbook register (she does). I think of my accounts in terms of ball-park figures, while she has to account for every last cent up to the minute.

For us to have completely joint accounts would mean that one of us would be driven crazy by the arrangement.

I trust her financially and she trusts me. We just don't like each other's accounting styles.

I have to admit, that's the best explanation I've ever heard/read regarding separate accounts. Given the way my wife and I can not see eye to eye on attention to detail (depending on what is being discussed) I can't imagine how annoying it would be if we didn't share the same philosophies on book-keeping.

Old Bay
March-17th-2010, 01:04 PM
Whatever works as a couple is fine. No two marriages are the same. We have a joint account, though. It works well for us.

Elessar78
March-17th-2010, 01:10 PM
For everyone who doesn't understand the idea of separate accounts but a joint account for expenses:

It's not about not trusting someone. I regularly tell my wife how I'm doing with my accounts, and she lets me know what's up with hers.

The main reason we have our own accounts still is that I have a blase attitude to bookkeeping, while she is an accounting control freak. When I go to the ATM, I don't get a receipt (she does). When I get my bank statement, I review it but don't update my checkbook register (she does). I think of my accounts in terms of ball-park figures, while she has to account for every last cent up to the minute.

For us to have completely joint accounts would mean that one of us would be driven crazy by the arrangement.

I trust her financially and she trusts me. We just don't like each other's accounting styles.

Yup similar situation but I'm the accountant control freak. We have access to each other's online accounts. I transfer $$ back and forth as needed.

Corcaigh
March-17th-2010, 01:10 PM
We have all joint accounts. I don't judge anyone for keeping separate accounts, but I don't understand it. There are very few things that we buy for individual benefit (outside of clothes) so most of our purchases are for the house/kids.

Whenever she or I need something, we just buy it. If it is going to cost a lot, we mention it to the other one out of respect, but not for permission.

+1.

All our income, savings and bills passes through the same checking account

Worked for us for 20+ years.

Corcaigh
March-17th-2010, 01:14 PM
Holy crap dude, are you for real?!? "Can women really be trusted when it comes to money?"

i'm a smug bastard on this subject because I've been with my wonderful wife for 25 years, but my philosophy is you probably get the partner you deserve :-)

TheLongshot
March-17th-2010, 01:22 PM
We have all joint accounts. I don't judge anyone for keeping separate accounts, but I don't understand it. There are very few things that we buy for individual benefit (outside of clothes) so most of our purchases are for the house/kids.

Whenever she or I need something, we just buy it. If it is going to cost a lot, we mention it to the other one out of respect, but not for permission.

My wife really has a tough time with the idea of "our" money. She's someone who is used to being self sufficient and having her own money to spend however she pleases. It has become worse now that she isn't working and has to "leech" off of me. (Her words, not mine.)

I do think a joint account is needed from the standpoint that if something happens to one of us, there is an account that both of us can access.

Destino
March-17th-2010, 01:22 PM
There's dude who lives in Mass. who likes to play-fight with swords who just might be your soulmate.

Holy crap dude, are you for real?!? "Can women really be trusted when it comes to money?"

Sounds like a control issue to me. She ordered things that he didn't know about? NOOOOOOOOOOOOoooooOOoooOOoOoOOOooo...!

My wife buys all sorts of crap I don't know about. I don't care. Our bills are paid and she can do whatever she wants with her money so long as it doesn't put us in a bad spot. She's an accountant and frankly I think she'd laugh at me if I even attempted to talk to her about managing her money. If she needs money she asks me and she gets it. If you can't trust your wife why be married?!

In fact it's stuff like that that makes me hesitant to just have a joint account. Why should people have to explain the random stuff they want or how many times they went to starbucks? If they are managing their finances correctly and responsibly do what makes you smile. Life is short and frankly if your only focus is saving for a rainy die you just might die in the sunshine waiting for water.

Forehead
March-17th-2010, 01:28 PM
Yeah, my husband's a very daring man...letting me out of the kitchen on occasion even! I can't wait until our first wedding anniversary...he's promised me an ATM card! Then the next year he's going to give me the pin! After I sign the budgetary agreement, of course. In blood.

The blood signed budget agreement is a good start, but he should also show you the spare closet in the basement. You need to know where you'll be spending your free time if you get out of line. Also, he should have a fire hose nearby, just in case you get mouthy with him.

Rudechain
March-17th-2010, 01:30 PM
My woman is my wife, and I took a vow to share my entire life with her.

Her paycheck, and entire paycheck at that, goes into the same checking account that my entire paycheck. I have to wonder about some of these comments I have read here. I thought so before and I think it again. This board's denizens are actually neanderthals.

Predicto
March-17th-2010, 01:44 PM
We have separate checking accounts, but joint investing accounts.

This is for convenience. If you have a joint checking account, then you never know exactly how much money you have in it, because one spouse or the other has written a check. But the amounts in the checking accounts are never large.

We are free to spend our money without question on small items, but we always consult on anything larger than a hundred bucks or so.

And I am laughing at all of you guys who treat your spouses like children to be controlled rather than complete equals to be negotiated with. Maybe you will figure it out by your third marriage. :pfft:

Predicto
March-17th-2010, 01:47 PM
Jeez Katie, what got you all twisted? Next you're going to tell me that I'm not supposed to lock my wife in the basement when she buys shoes without clearing it with me first? Well I don't want to live in your world.

Oh, I believe in total relationship equality, but the locks and basement stuff also has its place. :evilg:

youngestson
March-17th-2010, 01:49 PM
She's an accountant and frankly I think she'd laugh at me if I even attempted to talk to her about managing her money. If she needs money she asks me and she gets it. If you can't trust your wife why be married?!

Sort of the same thing. I have degrees in education and geography while my wife has a business and finance degree. Which one is better with the numbers?

We share accounts and communicate often on all states of our finances, and I think that has to be the way it is for couples.

Destino
March-17th-2010, 02:11 PM
Oh, I believe in total relationship equality, but the locks and basement stuff also has its place. :evilg:

You're one of those couples I visit that has a weight bearing hook sticking out of a joist with nothing on it or disguised with a plant aren't you?

pez
March-17th-2010, 02:17 PM
I deposit check in our shared bank account... ...and I don't get my ass kicked by huly!

Her statement:

What's hers is hers and whats mine is hers...

As long as she keeps signing the check for the redskins tickets, I'm fine with it..

TD_washingtonredskins
March-17th-2010, 02:21 PM
I deposit check in our shared bank... ...and I don't get my ass kicked by huly!

Here statement:

What's hers is hers and whats mine is hers...

As long as she keeps signing the check for the redskins tickets, I'm fine with it..

I learned in married life, it's best to pick one or two battles that mean the most to you and make sure you win those!

Having said that, I don't believe you're twisting her arm to pay for those Skins tickets.

Predicto
March-17th-2010, 02:49 PM
What most of it boils down to is a shared philosophy on spending/saving. My wife cannot save, period. Her dad is 80 years old and spend $500 a week at Sam's club on stuff he doesn't need, so I know where she gets it. If she sees something she wants, she will have it. I have always been a saver, therefore it makes perfect sense that we have separate accounts and the bills are paid from mine. That is an agreement like any other.

Absolutely nothing wrong with that. As long as it is understood that if the situation were the reverse, then she would control the pursestrings.

I'm objecting to the "women must obey men" part of the discussion.

brandymac27
March-17th-2010, 04:04 PM
My husband used to do that, but it caused problems b/c he felt like he wasn't in control of his money, so we came up w/ a compromise:

Now, my husband and I each have separate accounts and we split all the bills 50/50. Whatever is left we either try to save or get things we need with it. IMO, this way works much better. No more arguments about money, plus, he gets to see just how much he actually spends on junk and can't blame me for it anymore lol!

kubstix
March-17th-2010, 04:32 PM
Interesting thread, one that I read every reply. I get the impression that everyone with joint bank accounts are responsible with money. Everyone with separate accounts, one seems to be irresponsible with money. If I get married, I will push for the separate bank accounts. I just can't see myself trusting a women with money unless the background is good. But this doesn't mean I'm selfish or anything like that. Out for dinner, stuff for a house, kids, ect would come out of my wallet anyways. I would expect a cheap bill or two to be paid and groceries, but other than that, all me.

Special K
March-17th-2010, 05:36 PM
Interesting thread, one that I read every reply. I get the impression that everyone with joint bank accounts are responsible with money. Everyone with separate accounts, one seems to be irresponsible with money. If I get married, I will push for the separate bank accounts. I just can't see myself trusting a women with money unless the background is good. But this doesn't mean I'm selfish or anything like that. Out for dinner, stuff for a house, kids, ect would come out of my wallet anyways. I would expect a cheap bill or two to be paid and groceries, but other than that, all me.

Or maybe, you should marry someone who you share mutual respect and trust with?

Whether you have joint or separate accts. doesn't matter. But if you can't trust your spouse, your relationship has serious issues. I'm astounded at some of the replies in this thread and the level of distrust some people have for their partners.

Predicto
March-17th-2010, 05:43 PM
Or maybe, you should marry someone who you share mutual respect and trust with?

Whether you have joint or separate accts. doesn't matter. But if you can't trust your spouse, your relationship has serious issues. I'm astounded at some of the replies in this thread and the level of distrust some people have for their partners.

Well, you know I'm not much of a Ronald Reagan fan, but he did say at least one wise thing:

"Trust, but verify." :silly:

Some people really are irresponsible with money. But it's not a man/woman thing.

zoony
March-17th-2010, 05:45 PM
Her statement:

What's hers is hers and whats mine is hers...
..



That's true in my household as well. So for our anniversary I bought her a fishing pole. For her birthday I bought her a nice set of men's golf clubs :silly:

zoony
March-17th-2010, 05:53 PM
Now I'll also admit that one of the reasons we never fight about money is I'm pretty much a woman when it comes to spending it. New golf clubs or big vacations or new Redskins paraphanalia, etc. or whatever else doesn't interest me much.

With my bonus this year I suggested we remodel the kitchen. granite/appliances & new cabinets.

Actually, about 90% of my discretionary purchases are at home improvement stores or landscaping related. If I don't have some sort of home project going, I'm not happy.

It was also me who suggested she get a new car last year- I don't care what I drive (it's a company car anyways) but I want her to have something nice/reliable


In other words, I am THE GREATEST HUSBAND OF ALL TIME!!!!!!!!1

Predicto
March-17th-2010, 05:54 PM
That's true in my household as well. So for our anniversary I bought her a fishing pole. For her birthday I bought her a nice set of men's golf clubs :silly:

And an evening at a strip club. :silly:

Predicto
March-17th-2010, 05:55 PM
Now I'll also admit that one of the reasons we never fight about money is I'm pretty much a woman when it comes to spending it. New golf clubs or big vacations or new Redskins paraphanalia, etc. or whatever else doesn't interest me much.

With my bonus this year I suggested we remodel the kitchen. granite/appliances & new cabinets.

Actually, about 90% of my discretionary purchases are at home improvement stores or landscaping related. If I don't have some sort of home project going, I'm not happy.

It was also me who suggested she get a new car last year- I don't care what I drive (it's a company car anyways) but I want her to have something nice/reliable


In other words, I am THE GREATEST HUSBAND OF ALL TIME!!!!!!!!1



Well, except for that little 2 inch Johnson problem....





:movefast:

DeanCollins
March-17th-2010, 05:57 PM
Hells to the no. My wife (#2) and I have our own seperate accounts. We both did all of that "traditional" marriage BS before.

^^^^ what KG said. Once a month I transfer my share of the bills (75%) over to her account. We both work, she saves a lot of money and maintains herself, car... I make all the improvements on the houses and do routine maintenance on the vehicles. She has her retirement accounts and I have mine. We have one account that we share (an annuity). It's not a matter of trust, I just believe that the more independent the people in the relationship are, the happier/healthier the relationship. If a man brings down 7 figures, wants a housewife, good for him, It's not something that I want to do.

DeanCollins
March-17th-2010, 06:00 PM
h.

With my bonus this year I suggested we remodel the kitchen. granite/appliances & new cabinets.



zoony (and all) most of the State govts. are giving 15-20% rebates on energy efficient appliances, but it's only for purchases during a certain week.
FL and NC are in April. Look of when TN is. Home depot said that they will also being having great sales that week as well.

zoony
March-17th-2010, 06:01 PM
Well, except for that little 2 inch Johnson problem....





:movefast:

yah- 2 inches from the ground! :silly:

zoony
March-17th-2010, 06:02 PM
zoony (and all) most of the State govts. are giving 15-20% rebates on energy efficient appliances, but it's only for purchases during a certain week.
FL and NC are in April. Look of when TN is. Home depot said that they will also being having great sales that week as well.


Yah I got some great deals- I missed on the state rebate though I'll have to look into it. I know the dishwasher and fridge are both energy star

thanks for the tip :cheers:

Predicto
March-17th-2010, 06:03 PM
yah- 2 inches from the ground! :silly:

How do you type lying down?

twa
March-17th-2010, 06:19 PM
I'm objecting to the "women must obey men" part of the discussion.

Mine obeys:silly:,I told her she didn't have to work if she did not wish to.

20yrs later she finally got a paying job :ols:

Joint works fine for us,but each to their own.

Elessar78
March-17th-2010, 06:24 PM
Can a mod just please merge this with the Wealth Redistribution Thread?