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View Poll Results: How do you handle finances in your relationship?
1 Pot - everything combined
253
61.41%
2 Pots - separate accounts, bills/expenses divided in some sort of ratio
81
19.66%
3 Pots - Individual Accts and a JT Acct
78
18.93%
Voters: 412. You may not vote on this poll

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Couples Finances Poll

Old 05-15-2018, 02:15 PM
  #41  
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One pot, I paid all the bills out of it and gave her cash when she wanted it.

Before I retired see was making about 8x what I was making, all going into the one pot. I stopped working because ...well she was making 8x what I was working, just didn't make sense with taxes. Now I do the grocery shopping, laundry, boating and fishing...

Married 25 years, had a joint account before we got married, paid off her school loans before married as well.
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Last edited by ericinmich; 05-15-2018 at 04:57 PM.
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Old 05-15-2018, 02:20 PM
  #42  
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Separate accounts, bills/expenses, married 30+ years never a fight over money. I do pay little more but I'm I guy, I make more. It would drive both of us nuts if we had a joint account. She balances her checkbook to the penny, I just keep a grand or 2 extra to cover whatever. She spends money on QVC crap, it's okay it's hers not ours. I spend money on fishing and shooting, my money to spend not ours.
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Old 05-15-2018, 02:44 PM
  #43  
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Originally Posted by Reel Irie View Post
full disclaimer - we are in the 3 pots of money - with the JT pot managed by me - we both work full time, I make almost twice of what she does and fund the JT account based on a ratio of combined salaries
This is my current set-up and what I believe to be the best option. I do put more in than my 'ratio' toward the joint acct.
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Old 05-15-2018, 02:49 PM
  #44  
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One acct for us but my wife does maintain a business account. It's separate but not invisible. However now I'm retired and she will be next year. Gonna see how that works out. I saved and she saved. I told her she needs to be prepared to pay for her own entertainment and stuff that's just hers. I told her I pay for what's just mine. Anything common or shared is paid jointly.

For instance...
she goes on a trip with here GF's or I go fishing with the guys
she pays for her medical insurance and I pay for my medical insurance

that kinda thing.
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Old 05-15-2018, 03:04 PM
  #45  
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Joint everything. Nothing is bought in "secret". Partners in everything.

40 years together, 38 married.
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Old 05-15-2018, 03:08 PM
  #46  
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Been together 22 years. Not married yet. I'm a lazy procrastinator.

We have one pot of money with one account. It is all her Pop's money anyway. I just spend it.

I turn in a yearly report in January with my monthly expected expenses for the following year. The amount gets divied into 12 payments that magically show up in our account each month.

Large purchases such as cars or trucks or a piece of property and we have to just call the advisor and explain what and why we need to buy it. As long as it isn't completely ridiculous, its all good.

I have very very few complaints in life.
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Old 05-15-2018, 03:12 PM
  #47  
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Feel for a lot of you guys!

Marriage AINT "50-50" it's "110-110". If EITHER spouse "keeps score" & aren't capable of sharing, then you are just "legally tolerating each other... Until a real test comes then it's likely trouble & or splitsville."

Ill also admit, I'm old fashion & today's high earning, opinionated women, NO WAY I could nor would tolerate one, I don't care how good she looked! I buy the toys, she buys the homes & groceries & I pay for all of it. Without a prenup what's the use anyway, it's all hers if she really turned evil & wanted to let her inner bitch flow! If I had to worry about going fishing a few days and returning to a house with new locks & Pedro the cabana boy rubbing her bunyuns in "formerly my bed" then brother Id have only myself to blame for marrying that kind in the first place!

​​​​​​​ June 26th is 25yrs of "legalness" for us. She laughs & tells her GFs I'm leaving her for a younger woman. I tell my buds, "I can't afford the wife I've got, if I get another wife it WONT be mine!"
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Old 05-15-2018, 03:21 PM
  #48  
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All-N-One. We married.
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Old 05-15-2018, 03:22 PM
  #49  
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32 married, we've had a joint account for 34 years. I can't fathom having separate accounts.
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Old 05-15-2018, 03:26 PM
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Originally Posted by bayrunner16 View Post
Been together 22 years. Not married yet. I'm a lazy procrastinator.

We have one pot of money with one account. It is all her Pop's money anyway. I just spend it.

I turn in a yearly report in January with my monthly expected expenses for the following year. The amount gets divied into 12 payments that magically show up in our account each month.

Large purchases such as cars or trucks or a piece of property and we have to just call the advisor and explain what and why we need to buy it. As long as it isn't completely ridiculous, its all good.

I have very very few complaints in life.
Does she have a sister?
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Old 05-15-2018, 03:30 PM
  #51  
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Originally Posted by bayrunner16 View Post
Been together 22 years. Not married yet. I'm a lazy procrastinator.

We have one pot of money with one account. It is all her Pop's money anyway. I just spend it.

I turn in a yearly report in January with my monthly expected expenses for the following year. The amount gets divied into 12 payments that magically show up in our account each month.

Large purchases such as cars or trucks or a piece of property and we have to just call the advisor and explain what and why we need to buy it. As long as it isn't completely ridiculous, its all good.

I have very very few complaints in life.
I guess if you’re getting all that there’s no reason to rush. Dayum.
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Old 05-15-2018, 03:53 PM
  #52  
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Got all kinds of accounts, but no separation of yours, mine or ours.
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Old 05-15-2018, 04:14 PM
  #53  
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Originally Posted by back at it View Post
All-N-One. We married.

Originally Posted by Tireless View Post
32 married, we've had a joint account for 34 years. I can't fathom having separate accounts.
Ditto on both. Married 35 years in September. As a bonus, she takes cares of all that "stuff".
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Old 05-15-2018, 04:20 PM
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Originally Posted by Marlin009 View Post





Ditto on both. Married 35 years in September. As a bonus, she takes cares of all that "stuff".
We’re coming up on 10 yrs, May 31st. We pretty much split the responsibility of paying them but not on purpose. Just happened like that for some reason.

(congrats to all of you over the 30 yr mark, that’s rare these days it seems)
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Old 05-15-2018, 04:38 PM
  #55  
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Originally Posted by Marlin009 View Post





Ditto on both. Married 35 years in September. As a bonus, she takes cares of all that "stuff".
I write no more than 3 checks a year. I love having no involvement in the paying of bills.
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Old 05-15-2018, 05:03 PM
  #56  
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It's a marriage, not a joint venture.

We have various accounts, and all are "ours". Our his/hers "account" is really just one savings account that we each get a certain amount in per month to spend however we want. I keep tabs of who's is who's in a google spreadsheet. She doesn't buy anything so usually I just steal hers to buy dirt bike parts

Couldn't imagine it any other way, but if it works it works. It's always confounded me when we go out to dinner and one of our friend couples argue over who is paying. Married 7 years with 2 kids. ???

I don't have to "ask her" to spend money...I don't ever feel like she's "blowing our money"...in fact she's quite the cheapass. Which leaves more for me to spend on the aforementioned dirt bike parts and such.
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Old 05-15-2018, 05:05 PM
  #57  
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My wife has been a stay-at-home mom for 18 years of our nearly 20 years of marriage. My money is her money. We are a team..

Last edited by iFishMD; 05-16-2018 at 01:04 PM.
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Old 05-15-2018, 05:09 PM
  #58  
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Not even going to count accounts, but 3 categories

Combined savings & emergency fund - in a few different places, but we both have access.

Her blow money/expenses she handles (gas, etc). In her checking account.

Household money/my blow money - our checking account, that I don’t think she even knows the login info for. Both our names are on it, but it serves to cover all major household expenses, groceries, etc., and my blow money is also in it.

Forthish category - cash that she doesn’t know a lot of details about in the safe. Mainly made up of the remnants of my blow money each month that I withdraw and stash away in an inconspicuous spot in the gun safe. Also feed it a bit with side money from buying/selling stuff on Craigslist, etc. This category gets spent on boat stuff and guns.
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Old 05-15-2018, 05:11 PM
  #59  
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Originally Posted by iFishMD View Post
My wife has been a stay at home mom for 18 years or our nearly 20 years of marriage. My money is her money. We are a team..
Amen. Between my fulltime job and fledgling side business I bring in roughly twice what she does. Do I ever think of it like that? No! Income tally for each month is just one number including what she made and what I made...making it what WE made together, because without her support I wouldn't have the time to actually start and run said side business and continue to grow it.

Now...she could be a bit higher up the totem pole and probably well exceeded my salary if she had decided what she wanted to be while she was in college vs. still trying to finish up school 9 years later...but I digress.

WE will pay for that too as part of OUR long term career and financial goals.
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Old 05-15-2018, 05:17 PM
  #60  
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Originally Posted by Reel Irie View Post
full disclaimer - we are in the 3 pots of money - with the JT pot managed by me - we both work full time, I make almost twice of what she does and fund the JT account based on a ratio of combined salaries

Ideally I would like to simplify to either 1 or 2 pots but pretty sure 1 pot would not work given our very different views on spending habits
us to a tee.

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